62,000 sqft
Acreage
$3,999,000
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:41954)
Property Details
|
MLS® Number
|
40848375 |
|
Property Type
|
Industrial |
|
Community Features
|
Industrial Park |
|
Features
|
Elevator, Crushed Stone Driveway |
|
Parking Space Total
|
50 |
Building
|
Basement Type
|
Full |
|
Exterior Finish
|
Brick, Metal, Vinyl Siding |
|
Stories Total
|
1 |
|
Size Exterior
|
62000.0000 |
|
Size Interior
|
62,000 Sqft |
|
Type
|
Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
Yes |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
311 Ft |
|
Size Frontage
|
570 Ft |
|
Size Irregular
|
3.172 |
|
Size Total
|
3.172 Ac|2 - 4.99 Acres |
|
Size Total Text
|
3.172 Ac|2 - 4.99 Acres |
|
Zoning Description
|
Mg,hl |
Utilities
https://www.realtor.ca/real-estate/30035742/80-second-avenue-w-simcoe