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2 Norfolk St S

4,200 SF 100% Leased Retail Building Simcoe, ON N3Y 2V9 £353,378 (£84/SF)

Mixed Use Properties Ontario Simcoe 2 Norfolk St S, Simcoe, ON N3Y 2V9

Investment Highlights

  • Prime 4,200 sq. ft. location
  • CBD zoning, future development potential
  • Leased to RBC and PAL

Executive Summary

This prime 4,200 sq. ft. retail/office space is located in the heart of Simcoe, Ontario, offering a highly desirable investment opportunity. The property is fully leased to long-term, high-quality tenants, including RBC Dominion and PAL Insurance, ensuring a stable income stream. With CBD zoning, the property allows for a wide range of future possibilities, including converting the second floor into multiple residential units, which could significantly increase the building’s value. This property is a great addition to any investment portfolio, offering both solid returns and future development potential.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,200 SF
Building Class
C
Year Built
1970
Price
£353,378
Price Per SF
£84
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.93
Land Acres
0.05 AC
Zoning
CBD - Central Business District Zone
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Walk Score ®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Royal Bank of Canada
CIBC
Scotiabank
Boston Pizza
Kelsey's
Tim Hortons
Swiss Chalet
M&M Food Market
Sobeys
Wimpy's Diner
(519) 688-3820

  • Listing ID: 33909208

  • Date on Market: 18/11/2024

  • Last Updated:

  • Address: 2 Norfolk St S, Simcoe, ON N3Y 2V9

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2 Norfolk St S
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