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$4,100,000
Available - For Sale
Listing ID: X8023624
An exceptional opportunity presents itself with this multi-tenanted retail property with an favourable cap rate! Currently leased by a nationally recognized tenant that occupies the main level and recently signed a new lease with strong annual escalations and flexible renewal options. Located in the core of Simcoe amidst high retail traffic, this building offers unparalleled visibility and investment potential.
Price $4,100,000
Taxes: $59,168
Tax Type: Annual
Assessment: $1634000
Assessment Year: 2023
Occupancy by: Vacant
Address: 24 Norfolk St North , Norfolk, N3Y 5C6, Ontario
Postal Code: N3Y 5C6
Province/State: Ontario
Legal Description: LT 9-11 BLK 75 PL 182; PT LT 12, 3-8 BLK
Lot Size: 290 x 116 (Feet)
Directions/Cross Streets: Second & Norfolk
Zoning: MG, HL
Category: Multi-Use
Use: Retail Store Related
Building Percentage: Y
Total Area: 45,500
Total Area Code:  Sq Ft
Office/Appartment Area: 8500
Office/Appartment Area Code: Sq Ft
Retail Area: 337000
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Sprinklers: Y
Rail: N
Truck Level Shipping Doors #: 3
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 2
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
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24 Norfolk St North , Norfolk, N3Y 5C6, Ontario


 
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At a Glance:
Type: Com - Commercial/Retail
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Simcoe
Style:
Lot Size: 290.00 x 116.00(Feet)
Approximate Age: 51-99
Tax: $59,168
Maintenance Fee: $0
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