A fantastic covered land play with a great return on approx. 3 acres of land designated as Urban Residential in the Official Plan. Tenant has 4 years left on lease with just under $300k of income and a net lease structure. Ideally situated in a prime locale near the intersection of Queensway and Norfolk in downtown Simcoe, this property provides convenient access and ample on-site parking. Don’t miss out on this top-notch industrial opportunity.
Mls | 40676821 |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Active |
Days On Site | 26 |
Listing Provided By | Realty Advisors & Co., Brokerage | Richard Rudlin |
Zoning | MG, HL |
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State | ON |
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County | Norfolk |
City | Simcoe |
Zip Code | N3Y 2P3 |
Area | Town of Simcoe |
Subarea | Town of Simcoe |
Community Name | Town of Simcoe |
Listing VS Median (in Town of Simcoe) | |
Price: $3,850,000 low | high Med: $619,900 On Site: 26 low | high Med: 5 |