571 BANK STREET
Norfolk (Simcoe), Ontario
MLS® X13636906
$1,050,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- X13636906
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 31Listing description
Attention investors & business owners, this is a rare opportunity to acquire a fully renovated and highly versatile commercial property at 571 Bank Street in Simcoe. Set on a 1. 27 acre lot in a high traffic location, this ML zoned property offers excellent exposure, access to major routes & flexibility for a wide range of light industrial & commercial uses.
Offering apprx 6,504 sqft, the building was renovated top to bottom in 2018 w/permits. The front features a professionally designed showroom w/a red cedar ceiling w/exposed steel I beams, & AODA accessible family bathroom, along w/2 addtl washrooms. A third front room is already plumbed for 4 more toilets, allowing for future expansion.
The space also includes a kitchenette, office area, & LED lighting. Flooring throughout is updated, with 3 front offices (excluding the rounded corner office, which features luxury vinyl tile) finished in engineered hardwood. Hallways, main areas, & bathrooms are completed w/24"x24" porcelain tile, while the décor/kitchen & office cubicle areas feature luxury vinyl plank.
Terrazzo flooring is found exclusively in the rear warehouse areas, incld the garage & storage spaces. The warehouse is designed for function w/on grade loading through a 9'4x9'7 roll up door. A 2024 independent gas suspended heater w/separate thermostat provides efficient climate control.
HVAC system includes 2 furnaces, currently operating on 1, w/option to extend service into warehouse. The exterior features concrete block construction w/steel cladding, new stucco finish, and new windows w/protective coating. The roof includes a BML flat roof (2018) and steel DAP roofing (2026).
Interior framing features 2x6 steel studs w/code compliant insulation & firewall. Over 60 parking spaces, including 2 accessible spots, plus a 30x60 concrete pad w/footings for future expansion. Addtl features include an owned Millennium security system, signage electrical box, natural gas, & Bell Explornet high speed internet.
Property summary
- MLS® number
- X13636906
- Property type
- Industrial
- Square footage
- 6,504 sq ft
- Land size
- 1.27 acres
- Annual property taxes
- $7,405.56
- Parking
- 60 spaces
- Days on market
- 49 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $1,050,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REVEL REALTY INC., BRANTFORD.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.