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Renanza Realty
For sale

571 BANK STREET

Norfolk (Simcoe), Ontario

MLS® X13636906

$1,050,000

Status
Active
Property type
Industrial
MLS® number
X13636906
Bedrooms
Bathrooms
Year built

Listing 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.

Estimated monthly payment$4,885 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.