80 SECOND Avenue W
Simcoe, Ontario
MLS® 40848375
$3,999,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- 40848375
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 18Listing 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.
Property summary
- MLS® number
- 40848375
- Property type
- Industrial
- Building type
- Commercial Mix
- Square footage
- 62,000 sq ft
- Title
- Freehold
- Land size
- 3.172 acres
- Annual property taxes
- $27,371.00
- Parking
- 50 spaces
- Days on market
- 44 days
Features & details
- Basement
- Full
- Exterior features
- Brick, Vinyl siding, Metal
- Lot features
- Elevator, Crushed stone driveway
- Community features
- Industrial Park
What would this home cost you?
Based on the $3,999,000 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 Keller Williams Complete Realty, Hamilton.
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.