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Ryan Schinker

ryan@soldbyschinker.com +1(519) 807-8485

Listed by Jacob Campagnaro • Royal LePage Burloak Real Estate Services

$ 1,999,000

Est. payment | -/mo

9,113 SqFt

Save

$ 1,999,000

Est. payment | -/mo

Save

9,113 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-6-9 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 9,113 sqft

Price per Sqft $219

MLS Listing ID 40807807

Abv Grd Liv Area 9,113

Annual Tax Amount $6,332

Property Sub-Type Multi-6-9 Unit

Source Cornerstone

Property Description

Royal LePage Commercial – The Investments Group is pleased to present 56 Norfolk Street S, Simcoe, a fully leased mixed-use 8-plex in one of the town's most desirable downtown locations. The three-storey building offers over 9,000 SF above grade, featuring two high-exposure commercial units with 15' ceilings and six spacious residential suites with strong natural light and separately metered utilities for the upper units. Extensive capital improvements include roof and flashing, flooring, plumbing, electrical, sub-panels, fixtures, and masonry upgrades. The property also benefits from ample on-site parking and flexible CBD zoning, allowing for a wide range of permitted uses, including the potential to add an additional unit on the main floor. A well-located income-producing asset with a Vendor Take-Back mortgage available in first or second position, providing additional flexibility for qualified buyers.

Location

State ON

County Norfolk

Area Town Of Simcoe

Zoning CBD

Direction Located on Norfolk St. S. Simcoes Main St. (Highway # 24) Property is on West Side.

Rooms

Basement Full, Unfinished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Natural Gas

Cooling None

Fireplace No

Laundry Other

Exterior

Parking Features Asphalt, Public, Guest

Roof Type Asphalt,Slate

Lot Frontage 112.76

Lot Depth 81.22

Garage No

Building

Lot Description Irregular Lot, City Lot, Public Parking, Rec./Community Centre, Schools, Shopping Nearby

Faces Located on Norfolk St. S. Simcoes Main St. (Highway # 24) Property is on West Side.

Story 3

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 502140087

Ownership Freehold/None

Nearby Locations

Ryan Schinker

Agent

+1(519) 807-8485 | ryan@soldbyschinker.com

56 Norfolk Street S Simcoe, ON N3Y 2W2

Ryan Schinker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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56 Norfolk Street S