$499,999

92 Norfolk Street S

Simcoe ON, N3Y 2W2

Description

Fantastic Investment Opportunity in Downtown Simcoe! This building comes with Units#2&3 fully leased until December, 2025 generating enough income to support a mortgage at todays low interest rates. Front of the building is perfect for a retail store or your own professional business. The main floor features hardwood floors, new 2-piece bathroom, small bar/kitchenette area, pot lights and crystal light fixtures. Stunning century oak staircase leading upstairs to 4 large rooms and 2-piece bathroom fronting on Norfolk St. An addition on the back of building houses two separate leased units. The lower leased 1,380 sq. ft. unit features a reception area, five office spaces, 2-piece bathroom and separate entrance, while the upper leased modern 930 sq. ft. unit provides 4 office spaces and a 2-piece bathroom. Possibilities for future housing units in back unit and 2nd floor of main building; Buyer to complete their own due diligence in regards to building permits, zoning etc. Each unit has separate HVAC systems. Large parking lot with over 14 parking spaces located at the back of the building and 2 additional parking spots out front. Close to professional services, banks, restaurants and retail stores. Call for a viewing today and don't miss out on this investment opportunity.

Details

MLS#30784550
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site290

Features

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Area Information
ProvinceON
CountyNorfolk
CitySimcoe
Postal CodeN3Y 2W2
AreaTown of Simcoe
Listing VS Median (in N3Y 2W2)
Price:
$499,999
low | high
Med:
$250,924
99.814999629999% of Average
On Site:
290
low | high
Med:
290
100% of Average
Listing Updated: January 22, 2021 8:00:43 PM PST
HEATHER ZUSKAN LogoMLS Number: 30784550
Listing Provided By:
HEATHER ZUSKAN  of  ERIES EDGE REAL ESTATE LTD. BROKERAGE
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