62,000 SqFt
62,000 SqFt
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 62,000 sqft
Price per Sqft $64
MLS Listing ID 40848375
Abv Grd Liv Area 62,000
Annual Tax Amount $27,371
Lot Size 3.172 Acres
Acres 3.172
Property Sub-Type Building and Land
Source Cornerstone
Property Description
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.
Location
Province ON
County Norfolk
Area Town Of Simcoe
Zoning MG,HL
Direction Turn down Second Avenue West from Norfolk.
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Exterior Feature Storage
Parking Features Gravel, Other
Utilities Available Electricity Connected
Lot Frontage 570.0
Lot Depth 311.0
Garage No
Building
Lot Description Irregular Lot, Ample Parking, Industrial Park
Faces Turn down Second Avenue West from Norfolk.
Story 1
Foundation Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Metal/Steel Siding,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 501890045
Ownership Freehold/None
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
Broker