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$ 3,999,000
Est. payment | /mo
62,000 SqFt
$ 3,999,000
Est. payment | /mo
62,000 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 62000
Square Footage 62,000 sqft
Price per Sqft $64
Subdivision Town Of Simcoe
MLS® Listing ID 40848375
Lot Size 3.172 Acres
Acres 3.172
Property Sub-Type Freehold
Appx SqFt 62000
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features Industrial Park
View Y/N No
Attached Garage No
Total Parking Spaces 50
Garage No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Keller Williams Complete Realty
NEARBY SCHOOL & BUSINESS
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