56 Norfolk Street S Simcoe, Ontario N3Y 2W2

9,113 sqft
None

$1,999,000

Royal LePage Commercial – The Investments Group is pleased to present 56 Norfolk Street S, Simcoe, a fully leased mixed-use 8-plex in one of the town’s most desirable downtown locations. The three-storey building offers over 9,000 SF above grade, featuring two high-exposure commercial units with 15’ ceilings and six spacious residential suites with strong natural light and separately metered utilities for the upper units. Extensive capital improvements include roof and flashing, flooring, plumbing, electrical, sub-panels, fixtures, and masonry upgrades. The property also benefits from ample on-site parking and flexible CBD zoning, allowing for a wide range of permitted uses, including the potential to add an additional unit on the main floor. A well-located income-producing asset with a Vendor Take-Back mortgage available in first or second position, providing additional flexibility for qualified buyers. (id:41954)

Property Details

MLS® Number 40807807
Property Type Multi-family
Amenities Near By Schools, Shopping
Community Features Community Centre
Features Paved Driveway
Parking Space Total 6

Building

Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Stories Total 3
Size Interior 9,113 Sqft
Utility Water Municipal Water

Parking

Open

Land

Acreage No
Land Amenities Schools, Shopping
Sewer Municipal Sewage System
Size Depth 81 Ft
Size Frontage 113 Ft
Size Total Text Under 1/2 Acre
Zoning Description Cbd

https://www.realtor.ca/real-estate/29417429/56-norfolk-street-s-simcoe

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