56 Norfolk Street S Norfolk, Ontario N3Y 2W2

$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:55460)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X12836664
Property Type	Multi-family
Community Name	Simcoe
Amenities Near By	Public Transit
Parking Space Total	6

Building

Cooling Type	None
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	9,113 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Sewer	Sanitary Sewer
Size Depth	81 Ft ,2 In
Size Frontage	112 Ft ,9 In
Size Irregular	112.76 X 81.22 Ft
Size Total Text	112.76 X 81.22 Ft
Zoning Description	Cbd

https://www.realtor.ca/real-estate/29417898/56-norfolk-street-s-norfolk-simcoe-simcoe