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Hercules Mina

info@herculesrealty.ca +1(519) 590-2670

Listed by Chuck Hogeterp • RE/MAX Escarpment Realty Inc.

$ 2,399,000

Est. payment -/mo

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561 Bank Street N Simcoe, ON N3Y 3N3

10,500 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $228

MLS Listing ID 40773117

Abv Grd Liv Area 10,500

Lot Size 0.950 Acres

Acres 0.95

Property Sub-Type Mixed,Building and Land

Source Cornerstone

Lot Depth 300.0

Lot Front 140.0

Property Description

Ideal Simcoe Investment Opportunity! Brand New, Masterfully designed 72 unit Self-Storage Facility. Now available is a fully fenced, all-masonry built self-storage facility with steel roof, designed for low maintenance and long-term durability. This brand new complex features 72 units including 68 units sized 11' x 11.6' and 4 units sized 11.6' x 8'. In addition to the units, the site offers outdoor storage options & fence signage to further increase revenue potential & overall cash flow. An approx. 400 sq ft administration office with two washrooms is fully barrier-free, providing accessibility and a professional on-site presence if desired. The facility is equipped with an automatic gated entry for security, convenience, and a hands off Investment approach. Infrastructure is top-tier, with an large aggregate parking area, full storm sewer and infiltration system in place. The combination of strong demand, low operating costs, and additional revenue potential makes this a recession-resistant investment. Rarely do properties and opportunities such as this come available with this cash flow, potential, & location. Invest in yourself & grow your portfolio.

Location

Province ON

County Norfolk

Area Town Of Simcoe

Zoning ML

Direction NORFOLK ST N TO SECOND AVE E TO BANK ST N

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Exterior Feature Storage

Lot Frontage 140.0

Lot Depth 300.0

Garage No

Building

Lot Description Rectangular, City Lot, Hospital, Schools

Faces NORFOLK ST N TO SECOND AVE E TO BANK ST N

Story 1

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Block

New Construction No

Others

Senior Community No

Tax ID 502850041

Ownership Freehold/None

Virtual Tour https://www.myvisuallistings.com/vtnb/359552

Hercules Mina

REALTOR® | N/A5036559

+1(519) 590-2670

Hercules Mina

561 Bank Street N Simcoe, ON N3Y 3N3

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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561 Bank Street N