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:2493)
Property Type:
Industrial
Common Interest:
Freehold
Total Living Area:
1.42 acre(s)0.58 hectare(s)
Total Building Area:
1.42 acre(s)0.58 hectare(s)
Zoning:
MG, HL
Taxes:
$27,371 /
-
Community:
Town of Simcoe
Exterior Features:
Brick, Vinyl siding, Metal
Community Features:
Industrial Park
Structure Type:
Commercial Mix
Utilities:
Electricity
Fireplace:
No
# Storeys:
1.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full
Lot Frontage:
570'174 m
Lot Size:
3.172 acre(s)1.28 hectare(s)
Lot Details:
3.172
Lot Features:
Elevator, Crushed stone driveway
Total Parking Spaces:
50
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Industrial building featuring multiple loading docks, a large asphalt parking lot, and a substantial exterior footprint
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Industrial property featuring a large warehouse with a solar panel array, multiple loading docks, and an asphalt parking area
Two commercial buildings featuring extensive rooftop solar panel installations
Large commercial building featuring extensive rooftop solar panel installations
Commercial buildings with extensive rooftop solar panel installations, located on a paved lot
Aerial view
Aerial perspective showcasing a commercial building with extensive rooftop solar panel installations
Commercial property featuring extensive rooftop solar panel arrays
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