LOADING

24 Martin Street Milton, Ontario - MLS#: W7330266

1 sqft
Fully Air Conditioned Forced Air

$8,495,000

This Is A Once In A Lifetime Opportunity To Purchase A Complete Block Of Downtown Milton. This Unique Property Stretched From Main Street Down Martin Street And A 66'X132' Parking Lot On Mill Street. The Property Features A Mix Of Commercial Retail Shops, Professional Offices And A Residential Unit. **** EXTRAS **** Property Must Be Purchased Together, 217,219,221,223, 225 And 227 Main St, 6, 8, 12, 14, 16, 20 And 24 Martin St And 192 Mill St. Property Is Under Jurisdiction Of The Halton Conservation Authority. (id:51158)


For Sale: 24 MARTIN ST Milton – MLS# W7330266

This is an extraordinary once in a lifetime opportunity to own an entire block of the vibrant downtown area of Milton. The property, spanning from Main Street down Martin Street, includes a spacious 66’X132′ parking lot on Mill Street. With a mix of commercial retail shops, professional offices, and a residential unit, this unique property offers endless possibilities.

Key Features:

1. Prime Location: Situated in the heart of downtown Milton, this property benefits from high foot traffic and excellent visibility. It is surrounded by a diverse range of amenities, including restaurants, shops, and entertainment options.

2. Diverse Uses: With a mix of commercial retail spaces, professional offices, and a residential unit, this property caters to a wide range of potential buyers. Whether you want to open a boutique store, set up a cozy office, or enjoy the convenience of living in a central location, this property has it all.

3. Ample Parking: The included 66’X132′ parking lot on Mill Street provides ample space for customers, clients, and residents. Parking is always at a premium in downtown areas, and having a dedicated parking lot is a valuable asset that sets this property apart.

4. Halton Conservation Authority: Being under the jurisdiction of the Halton Conservation Authority ensures the preservation and enhancement of the natural environment in the area. This adds to the overall appeal and desirability of the property and provides assurance of a well-maintained community.

5. Investment Opportunity: Owning an entire block of downtown real estate in a thriving location like Milton presents a significant investment opportunity. With the potential for rental income from multiple units and the constant demand for commercial spaces in a growing town, this property offers a stable and lucrative investment.

Questions and Answers:

Q: Can I purchase individual properties within this block?
A: Unfortunately, the properties on this block must be purchased as a complete package. This allows for full control and utilization of the entire block for various purposes.

Q: What are the advantages of owning commercial retail spaces in downtown Milton?
A: Downtown Milton is a bustling hub with a thriving local economy. Owning commercial retail spaces in such a prime location provides great exposure to a wide customer base and ensures high foot traffic, leading to increased potential for business success.

Q: Is the residential unit suitable for a family or as an investment property?
A: The residential unit can serve multiple purposes. It can be an ideal living space for a family seeking the convenience of downtown living or can be rented out for additional income. The proximity to amenities and the vibrant atmosphere make it an attractive option for both scenarios.

Q: What advantages does the parking lot offer?
A: A dedicated parking lot is a valuable commodity in downtown areas. It provides convenient parking for customers, clients, and residents while reducing the hassle of finding street parking. This added convenience can attract more customers and clients to the retail spaces and offices on the property.

Q: What are the obligations under the Halton Conservation Authority?
A: The Halton Conservation Authority ensures the preservation and enhancement of the natural environment. As a property owner under their jurisdiction, you would need to comply with their guidelines for any development or modifications made to the property. This benefits the overall beauty and sustainability of the area.

In conclusion, this incredible block of properties in downtown Milton is a rare gem that offers a mix of commercial and residential spaces along with a dedicated parking lot. With its prime location, diverse uses, ample parking, and investment potential, this property is a dream come true for individuals or businesses looking to thrive in a vibrant and expanding community. Don’t miss out on this once in a lifetime opportunity to own an entire block in the heart of Milton‘s downtown area. Contact us today to learn more!


⚡⚡⚡ Disclaimer: While we strive to provide accurate information, it is essential that you to verify all details, measurements, and features before making any decisions.⚡⚡⚡
📞📞📞Please Call me with ANY Questions, 416-477-2620📞📞📞

Property Details

MLS® Number W7330266
Property Type Retail
Community Name Old Milton
Features Elevator

About 24 Martin Street, Milton, Ontario


Building

Cooling Type Fully Air Conditioned
Heating Fuel Electric
Heating Type Forced Air
Size Interior 1 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular 1 X 1 Ft
Size Total Text 1 X 1 Ft

https://www.realtor.ca/real-estate/26321808/24-martin-street-milton-old-milton

Interested?

Contact us for more information


Your Favourites

 

No Favourites Found