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Isaac Rosebrugh

isaac@inspiredbroker.com +1(519) 754-6611

$1,875,000

Est. payment - /mo

10,000 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Building Only

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $187

MLS Listing ID 40808990

Abv Grd Liv Area 10,000

Annual Tax Amount $12,074

Property Sub-Type Building Only

Source Cornerstone

Property Description

A Great cash flowing property in a prime downtown location in Simcoe making it a perfect addition to any investor's portfolio. This Property consists of 4 Commercial and 6 Residential units on second floor. Residential Units vary in size, as Unit 1 has four bedrooms, Unit 2 and 5 have two bedrooms, and Units 3,4 and 6 are one bedroom/bachelors. All units feature a Full Kitchen & Bathroom. Commercial units are fully rented with top notch finishes. Other upgrades include; New Luxury vinyl Flooring, New Additional Gas Furnace . New Bathroom plumbing, toilet and sink. Unit 2 ( 2 bedroom apt) has New Windows. Drywall, New Carpet; the list goes on and on. Highly Profitable and easy to Manage. Great cash flowing building in prime downtown location across from Simcoe's Top health and fitness centre & Salon. Fully tenanted. Commercial units all fully renovated. Massive front courtyard could be a great food truck location. Highly profitable and easy to manage with a cap rate of 7.8%

Location

Province ON

County Norfolk

Area Town Of Simcoe

Zoning CBD

Direction From Norfolk St go West on Young.

Rooms

Basement Partial

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 63.03

Lot Depth 124.08

Garage No

Building

Lot Description Ample Parking, Business Centre, City Lot, Hospital, Public Transit, Schools

Faces From Norfolk St go West on Young.

Story 2

Foundation Block, Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 502250078

Ownership Freehold/None

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Listed by Century 21 Heritage Group LTD

NEARBY SCHOOL & BUSINESS

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Isaac Rosebrugh

+1(519) 754-6611

REALTOR®

49 Kent ST Simcoe, ON N3Y 3S1

Isaac Rosebrugh

Key Details

Location

Rooms

Interior

Exterior

Building

Others