24 Norfolk Street N, Simcoe, Ontario N3Y 5C6

Listed for:
$4,100,000
0 beds
0 baths
Listed 115 days ago
24 Norfolk Street N, Simcoe, Ontario N3Y 5C6

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Listing provided by:
The Agency
MLS® number:
40532264
Agent:
Richard Rudlin
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About

Norfolk St N between Young St and Robinson An exceptional opportunity presents itself with this multi-tenanted retail property with an favourable cap rate! Currently leased by a nationally recognized tenant that occupies the main level and recently signed a new lease with strong annual escalations and flexible renewal options. Located in the core of Simcoe amidst high retail traffic, this building offers unparalleled visibility and investment potential. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This retail property is a fantastic investment opportunity with a favorable cap rate and multiple tenants. The main level is currently leased by a nationally recognized tenant who has recently signed a new lease with strong annual escalations and flexible renewal options. Situated in the bustling core of Simcoe, this property benefits from high retail traffic, offering excellent visibility and significant investment potential. (id:27476).

For sale, this property boasts a land size of 1/2 - 1.99 acres and is located at 24 NORFOLK Street N in the city of Simcoe, Ontario. The postal code for this property is N3Y5C6, and it features 2.00 stories.