This newly renovated and well-maintained commercial property, located in the town of Alliston, New Tecumseth, offers rare institutional zoning (DCC Use) on 0.762 acres of beautifully landscaped land, providing tremendous development potential and a wide range of permitted uses. The one-storey brick building is currently leased to a licensed childcare/daycare center serving approximately 57 children. Purchasers can explore several options: 1) assume the tenant and enjoy steady rental income, 2) take over the space for your own institutional use, or 3) request vacant possession upon closing. The property is ideally suited for institutional and government uses, including daycares, preschools, private educational facilities, places of worship, retirement or long-term care homes, recreational centers, and more. With on-site parking for convenient access and a prime location in the vibrant community of Alliston, the property is close to essential amenities and major highways. There are also opportunities to expand the existing structure or explore additional land-use possibilities to meet future needs. This is an exceptional investment opportunity in a thriving area, offering flexibility for growth. **EXTRAS** Please note: The purchase of the business and its operations is not included in the sale of the property