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80 Second Av W

64,144 SF Industrial Building Simcoe, ON N3Y 2P3 £2,118,716 (£33/SF)

Investment Highlights

  • Ample on site parking

Executive Summary

LAND ONLY - 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.

Property Facts

Price £2,118,716
Price Per SF £33
Sale Type Investment
Property Type Industrial
Property Subtype Distribution
Building Class C
Lot Size 3.03 AC
Rentable Building Area 64,144 SF
Number of Floors 1
Year Built 1974
Tenancy Single
Parking Ratio 0.59/1,000 SF
Clear Ceiling Height 23 ft 3 in
No. Dock-High Doors/Loading 7

zoning

Zoning Code MG,HL (General Industrial Zone)
MG,HL (General Industrial Zone)
  • Listing ID: 33354500

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 80 Second Av W, Simcoe, ON N3Y 2P3

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