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75 Robinson St

1,900 SF Office Building Simcoe, ON N3Y 1W7 £206,450 (£109/SF) 8.96% Net Initial Yield

Investment Highlights

  • This mixed-use commercial property is located downtown Simcoe.
  • Updates throughout the years including a new roof in 2022.
  • It consists of a ground floor commercial space approximately 950 sq feet and two upper good sized residential units.
  • From Norfolk St go West on Robinson two blocks.

Executive Summary

The two bedroom apartment is being rented for $1,500 per month, and the one bedroom unit that was renovated in 2024 is currently being rented for $1,300 per month. Updates throughout the years including a new roof in 2022. Three separate water meters, three separate hydro meters, and two gas met

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
1,900 SF
Building Class
C
Year Built/Renovated
1967/2022
Price
£206,450
Price Per SF
£109
Net Initial Yield
8.96%
NOI
£18,496
Tenancy
Single
Number of Floors
2
Typical Floor Size
950 SF
Building FAR
1.45
Lot Size
0.03 AC
Zoning
CBD - Central Business District

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 950 SF
  • Office
  • Full Build-Out
  • 30 Days

Approximately 950sq feet. Easily accessible at street level.

Space Size Space Use Condition Available
1st Floor 950 SF Office Full Build-Out 30 Days

1st Floor

Size
950 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 950 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Approximately 950sq feet. Easily accessible at street level.

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.®
  • Listing ID: 31534552

  • Date on Market: 17/04/2024

  • Last Updated:

  • Address: 75 Robinson St, Simcoe, ON N3Y 1W7

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