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8 - 28 Argyle Street Norfolk (Simcoe), Ontario N3Y 1V5

13125 sqft
Fully Air Conditioned Forced Air

$1,950,000

HUGE INVESTMENT OPPORTUNITY - FULLY LEASED COMMERCIAL PLAZA in the Heart of the Simcoe's downtown core! Position yourself for success with this outstanding investment opportunity. 10.5% Cap Rate. This 13,125 sq. ft. commercial plaza is fully leased with 8 UNITS, providing an established rental income in a prime, highly visible area surrounded by professional offices, banks, and Simcoe's park system. This location offers high foot traffic and excellent street exposure with easy accessibility. Free public parking is conveniently located on the next block and street parking is available on both sides of Argyle St. As you can see this building has been meticulously maintained. Recent expenditures and updates have included all new cement sidewalks, steps and railings - 2026. Rooftop HVAC units - 2021 - 2024, and a complete roof replacement in 2018. The work has been done! This property provides an excellent opportunity for investors seeking a commercial property in a central business location with an established occupancy to provide them with a fluid income flow for years to come. (id:14833)

Property Details

MLS® Number X14082996
Property Type Retail
Community Name Simcoe

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 13125 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 103 Ft ,3 In
Size Frontage 165 Ft ,6 In
Size Irregular 165.5 X 103.27 Ft
Size Total Text 165.5 X 103.27 Ft
Zoning Description Cg

https://www.realtor.ca/real-estate/30407108/8-28-argyle-street-norfolk-simcoe-simcoe

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