80 SECOND Avenue W, SIMCOE

2025-01-08
 

Quick Summary

Location
80 SECOND Avenue W, SIMCOE, Ontario N3Y2P3
Price
$3,850,000 CAD
Status:
For Sale
Property Type:
Industrial
Area:
62000ft2

MLS®#40687937

Property Description

Explore an outstanding investment opportunity with this expansive warehouse property, featuring a single national triple net tenant. Spanning approximately 62,000 square feet on around 3 acres, this versatile space is designated as Urban Residential in the Official Plan, positioning it as an excellent prospect for future development. The tenant currently occupies the entire building and has recently signed a new lease that includes strong annual escalations and favorable renewal terms, ensuring a reliable income stream. With a cap rate of just under 8% and annual escalations extending through 2028, this property promises an impressive return on investment. Conveniently located near the intersection of Queensway and Norfolk in downtown Simcoe, it offers easy access and ample on-site parking. Seize this exceptional industrial investment opportunity! (id:32467)

Property Features

Building

  • Basement Type: Partial
  • Fireplace: No
  • Interior Size: 62000 sqft
  • Stories: 1

Land

  • Land Size: 2 - 4.99 acres
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: MG, HL

Information entered by Realty Advisors & Co., Brokerage
Listing information last updated on: 2025-01-08 19:24:05


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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Learn more about the One Percent Realty Deal

 

Tammy Wigley Salesperson

Phone:
(705) 790-1340
Mobile:
(705) 790-1340
Email:
wigleyrealestate@yahoo.ca
Support Area:
Barrie, Simcoe County, Angus, Essa, Alliston, Innisfil, Oro, Orillia

I have worked in the real estate industry for the past 10 years. In this time, along with my husband ...

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Michael Rawson Salesperson | B.Comm

Phone:
905-920-2642
Email:
mikerawson99@gmail.com
Support Area:
Brantford, Paris, Brant County, Haldimand County, Norfolk County, Hamilton, Dundas, Ancaster, Caledonia, Glanbrook, Binbrook, Port Dover, Simcoe, Waterford, Stoney Creek, Grimsby, Niagara, Woodstock, Burford, Mount Pleasant

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James Clarkson REALTOR®

Phone:
9057582377
Email:
Jimmyclarkson@yahoo.ca
Support Area:
Barrie, Innisfil, Cookstown, Alliston, New Tecumseth, Angus, Stayner, Wasaga Beach, Elmvale, Midland, Coldwater, Springwater, Orillia, Oro, Simcoe County

As a Father, I understand. As a tradesperson, I understand. As an investor, I understand.& ...

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