Address
92 NORFOLK Street S Simcoe, ON
Price
$ 499,999
Property Attributes
  • MLS#30784550
  • TypeCommercial
  • CitySimcoe
  • AreaSimcoe and District
  • NeighbourhoodSimcoe
  • Postal CodeN3Y 2W2
  • StyleRetail
  • Price$ 499,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Erie'S Edge Real Estate Ltd. Brokerage
Property 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.

Price History
9/8/2020 Listed $525,000
9/12/2020 5% - $499,999

General Features

Garage no
Listing Type Commercial
Parking yes
Parking Spaces 14
Property Sub Type Retail
Terms SALE
Wheel Chair Access no
Zoning Commercial

Interior Features

Fireplace no

Exterior Features

Lot Frontage 46.62
Pool Y/N no

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in N3Y 2W2

Price
AVG $330K
$500K
Visits
AVG 116
179
Walkscore
AVG 66
67
Data Provided by Walkscore ® not using MLS data

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