80 SECOND Avenue West, Simcoe, Ontario N3Y2P3

Listing courtesy of Keller Williams Complete Realty.

$3,999,000
62,000
SqFt

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List Price
$3,999,000
MLS®
40848375
Days on Market
14
Status
ACTIVE
Type
Commercial
Subtype
Industrial
Living Area
62,000
Lot Size Dimensions
3.172
Lot Size
138,172
Subdivision
Town of Simcoe

Property Description

This 3.17-acre property is prominently located in Simcoe, Norfolk County, offering strong holding income and excellent long-term development potential. The site is currently zoned industrial, but Norfolk County’s Official Plan identifies it as Urban Residential,supporting potential mixed-use or residential redevelopment up to 10 storeys (subject to municipal approvals). Fully leased to a national retailer, the asset offers stable income with future upside through rent escalations or redevelopment. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Town of Simcoe
Parking Spaces
50
Country
Canada
Sewer
Municipal sewage system
Community Features
Industrial Park
Lot Features
Elevator, Crushed stone driveway
Stories
1
Lot Size
138,172

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Calculator source: Real Geeks