Nest Seekers

HUGE INVESTMENT OPPORTUNITY FULLY LEASED COMMERCIAL PLAZA in the Heart of the Simcoe's downtown core !

8 - 28 ARGYLE Street
Norfolk N3Y 1V5
Canada

Listing

Web ID:5804419
Website:https://www.nestseekers.com/5804419

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C1,950,000
($1,374,100)
(€1,225,200)
Annual Taxes:C48,107.84

Description

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.

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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