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About the Listing HBBLAIRBLA - HBMEKLIAD,HBIONICAD
62,000 SF industrial facility situated on approximately 3 acres in the heart of Simcoe. Rare opportunity to acquire a large-scale industrial asset being offered at an attractive in-place 7.5% cap rate, with immediate income from a national tenant currently occupying the property under a triple net lease with approximately 2 years remaining. Functional building configuration offers ceiling heights ranging from approximately 14' clear up to 20' clear, supporting a wide variety of industrial and warehouse uses. The site features ample on-site parking and excellent circulation for employees, customers, and shipping operations. Flexible industrial zoning permits a broad range of industrial, manufacturing, warehousing, and employment-related uses, while the property's Urban Residential designation within the Official Plan presents compelling long-term redevelopment potential. Excellent opportunity for investors, owner-users, and developers seeking stable cash flow with future upside.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other:
- Water: Municipal
Exterior Details
- Lot Description: Irregular Lot,Ample Parking,Industrial Park
- Garage Capacity: N/A
- Parking Spaces: 50
- Lot Dimensions: 570 x 311
- Zoning: MG, HL
- Roof:
- Others:
- Sewer: Sewer (Municipal)
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 501890045
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
80 Second Ave W Simcoe, ON N3Y 2P3
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