29 Simcoe Plaza F Terrace Bay, Ontario P0T 2W0

$749,900

Exceptional commercial investment with a reliable, government-backed tenant Canada Post Corporation. This well-maintained property offers stable long-term income and steady cash flow. Ideal for investors seeking a secure, recession-resistant asset. Located in a high-traffic area with strong community presence. Triple-net lease in place with solid returns and minimal management required. This income generating cash cow has 5 units with solar income. This income-generating asset offers diversified revenue streams with reliable rent roll and additional solar panel income. Well-maintained building in a prime, high-visibility location. potential to increase income. Vacant office and storage units in the basement. Enjoy consistent cash flow from long-term leases and renewable energy returns. (id:55460)

Property Details

MLS® Number	X12754278
Property Type	Business

Building

Age	31 To 50 Years
Cooling Type	Partially Air Conditioned
Heating Type	Baseboard Heaters
Size Interior	4,096 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	91 Ft ,11 In
Size Frontage	63 Ft ,2 In
Size Irregular	63.2 X 91.92 Ft
Size Total Text	63.2 X 91.92 Ft
Zoning Description	Retail, Commercial, Industrial

https://www.realtor.ca/real-estate/29319410/29-simcoe-plaza-f-terrace-bay