80 Second Avenue, Norfolk, ON
Description
Property Highlights
Welcome to this remarkable [] industrial located in the coveted neighborhood of Simcoe. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 570 x 311 ft lot size
- Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
- equipped with ["no"] central cooling and highly efficient none heating
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 warehousing 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.
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Data-driven valuation for 80 Second Avenue W, Norfolk, ON N3Y 2P3
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