56 NORFOLK Street South, Simcoe, Ontario N3Y2W2
Listing courtesy of Royal LePage Burloak Real Estate Services.
- $1,999,000
- 9,113
- SqFt
- List Price
- $1,999,000
- Price Change
- ▼ $200,000 1777329153
- MLS®
- 40807807
- Days on Market
- 149
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Living Area
- 9,113
- Subdivision
- Town of Simcoe
Property Description
Royal LePage Commercial – The Investments Group is pleased to present 56 Norfolk Street S, Simcoe, a fully leased mixed-use 8-plex in one of the town’s most desirable downtown locations. The three-storey building offers over 9,000 SF above grade, featuring two high-exposure commercial units with 15’ ceilings and six spacious residential suites with strong natural light and separately metered utilities for the upper units. Extensive capital improvements include roof and flashing, flooring, plumbing, electrical, sub-panels, fixtures, and masonry upgrades. The property also benefits from ample on-site parking and flexible CBD zoning, allowing for a wide range of permitted uses, including the potential to add an additional unit on the main floor. A well-located income-producing asset with a Vendor Take-Back mortgage available in first or second position, providing additional flexibility for qualified buyers. (id:5764)
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Additional Information
- Ownership
- Freehold
- Subdivision
- Town of Simcoe
- Parking Spaces
- 6
- Cooling
- None
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- Community Centre
- Heating
- Natural gas
- Lot Features
- Paved driveway
- Stories
- 3
