3232 Simcoe Rd - Storefront Retail/Residential FOR SALE


Brechin, ON L0K 1B0
$1,499,999 CAD
647-720-8998
3232 Simcoe Rd, Brechin, ON for Sale
$1,499,999 CAD
Storefront Retail/Residential - FOR SALE
1/1
null | 6.26% Cap Rate

3232 Simcoe Rd
Brechin, ON L0K 1B0


HIGHLIGHTS

  • Close proximity to Lake Simcoe.
  • Lots of Municipal Amenities.
  • New industrial developments nearby.
  • Commercial zoning
  • Ideal for retail or auto repair

OVERVIEW

Introducing an outstanding 5-unit multifamily property with commercial zoning located in Brechin. This property boasts approximately 6,300 square feet of space, making it ideal for various retail ventures, with a secondary use as an auto repair facility. This property is move-in ready and offers a generous parking ratio of 7.01 spaces per 1,000 square feet. The commercial zoning opens up a world of possibilities, while the 0.78-acre land area ensures ample space for expansion or customization. Additionally, its proximity to Lake Simcoe, and the convenience of nearby municipal amenities make this property a prime investment opportunity. Don't miss out on the potential of this cash flowing property with promising new industrial developments in the vicinity.

FOR SALE DETAILS

PRICE

$1,499,999 CAD

PRICE/SF

$238 CAD /SF

CAP RATE

6.26%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

VC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mya QiLucero Commercial GroupMore Info
647-720-8998

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Mya QiLucero Commercial GroupMore Info
647-720-8998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.