80 Second Av W - Distribution FOR SALE


Simcoe, ON N3Y 2P3
$3,850,000 CAD
519-304-1803
80 Second Av W, Simcoe, ON for Sale
$3,850,000 CAD
Distribution - FOR SALE
1/1
null | Request Cap Rate

80 Second Av W
Simcoe, ON N3Y 2P3


HIGHLIGHTS

  • Ample on site parking

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,850,000 CAD

PRICE/SF

$60 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

-

CLEAR CEILING HT

23.25 Ft

DOCKS

7

DRIVE INS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

3.03

LAND SF

131,987

ZONING

MG,HL

APN/PARCEL ID

331040100107100

ASK ABOUT THIS PROPERTY

Richard RudlinThe AgencyMore Info
519-304-1803

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Richard RudlinThe AgencyMore Info
519-304-1803

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.