Retail

8 - 28 Argyle Street

Norfolk (Simcoe), Ontario N3Y1V5

$1,950,000

MLS® X14082996

  • 13,125 sq ftInterior
  • 165.5 x 103.27 FTLot size

Overview

HUGE INVESTMENT OPPORTUNITY - FULLY LEASED COMMERCIAL PLAZA in the Heart of the Simcoe's downtown core! Position yourself for success with this outstanding investment opportunity. 6% cap rate. This 13,125 sq. ft. commercial plaza is fully leased with 8 UNITS, providing an established rental income in a prime, highly visible area surrounded by professional offices, banks, and Simcoe's park system. This location offers high foot traffic and excellent street exposure with easy accessibility. Free public parking is conveniently located on the next block and street parking is available on both sides of Argyle St. As you can see this building has been meticulously maintained. Recent expenditures and updates have included all new cement sidewalks, steps and railings - 2026. Rooftop HVAC units - 2021 & 2024, and a roof in 2018. The work has been done! This property provides an excellent opportunity for investors seeking a commercial property in a central business location with an established occupancy to provide them with a fluid income flow for years to come. (id:57793)

Property details

MLS® number
X14082996
Price
$1,950,000
Listing
For sale
Property type
Retail
Interior size
13,125 sq ft
Lot size
165.5 x 103.27 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Water
Municipal water
Zoning
CG
Annual taxes
$48,108

Location

Address
8 - 28 Argyle Street
City
Norfolk (Simcoe)
Area
Simcoe
Province
Ontario
Postal code
N3Y1V5
Country
Canada

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