80 Second Ave W, Norfolk MLS Number: X11913701

Q: What is the Area Size of the 80 Second Ave W In Sq.Ft and it's MLS No.?

The project covers an area of approximately sqft sq. ft and is strategically located in Norfolk. The MLS No of this project is X11913701 and the Project is located in Ontario, Canada.

Q: How far is this property from my workplace?

You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.

Q: What are the Key Features 80 Second Ave W is Offering?

Square Yards is giving a Cashback of $19,250 if you buy this property from us, however there are several key features offered by the 80 Second Ave W. You get Beds with N/A Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.

Q: How many Parking Space available in this 80 Second Ave W?

80 Second Ave W in Norfolk offers a total of 0 parking spaces for residents.

Q: How many Beds & Baths available in 80 Second Ave W, Norfolk?

80 Second Ave W, Norfolk comes with Beds for maximum convenience and space. There are N/A baths available as well for when you have guests over or if you have a large family!

Q: How many Apartments and Condos are available for Sale in Norfolk, ?

Norfolk, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately 852 apartments and condos available currently for your perusal.

Simcoe, Norfolk, ON, N3Y 2P3

$3,850,000

Status: OFF MARKET

Property Type: Commercial (Industrial)
Property Taxes : $27370.75 (Tax Year:2024)
Listing Courtesy : Realty Advisors & Co.

80 Second Ave W Property Description

Explore an outstanding investment opportunity with this expansive warehouse property, featuring a single national triple net tenant. Spanning approximately 62,000 square feet on around 3 acres, this versatile space is designated as Urban Residential in the Official Plan, positioning it as an excellent prospect for future development. The tenant currently occupies the entire building and has recently signed a new lease that includes strong annual escalations and favorable renewal terms, ensuring a reliable income stream. With a cap rate of just under 8% and annual escalations extending through 2028, this property promises an impressive return on investment. Conveniently located near the intersection of Queensway and Norfolk in downtown Simcoe, it offers easy access and ample on-site parking. Seize this exceptional industrial investment opportunity!