A fantastic covered land play with a great return on approx. 3 acres of land designated as Urban Residential in the Official Plan. Tenant has 4 years left on lease with just under $300k of income and a net lease structure. Ideally situated in a prime locale near the intersection of Queensway and Norfolk in downtown Simcoe, this property provides convenient access and ample on-site parking. Don’t miss out on this top-notch industrial opportunity. (id:47423)
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Detailed Information
Lot
570 x 311 ft
Listing Contract Date
2024-08-15
Location Description
Norfolk St N to Second Ave W
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
MG, HL
Building
Basement Type
None
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Land
Total Size
2 - 4.99 acres
Acreage
Yes
Sewer
Municipal sewage system
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