$799,900
Status: For Sale
Incredible Investment Opportunity Ready For Immediate Possession. Conveniently Located In Historic Downtown Penetanguishene, This Clean Three-Unit Building Off Main Street Still Has Its High Ceilings And 20th Century Charm. Both Main Level Units Offer A Large Commercial Space With An Additional Full-Height Basement (Dry) For Storage, A Bathroom And Great Visibility From Main Street. The Upper Level Of The Building, Previously Configured As Two Separate Residential Units, Has Been Opened Up Into One Large 2-Bed/2-Bath Apartment Space. Potential Of Redeveloping The Second Unit Would Be A Great Way To Increase Revenues. All Units In The Building Are Currently Vacant And Ready For Tenants To Move In At Market Rents, With Estimated Potential Rents Of Over $5100/M As Is - Or More If A Fourth Unit Is Created. This Is Also A Great Opportunity To Open A Business And Live Where You Work, While Still Capitalizing On Some Rental Income. Don't Miss This Excellent Opportunity To Invest.
| Property Type | :Commercial |
| MLS Number | :S7307438 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :04 Apr, 2024 (23 Days ago) |
| Area | :Simcoe |
| Community | : Penetanguishene |
| Postal Code | : L9M 1V2 |
| Source | :TRREB |
| Price | :$799,900 |
| Property Taxes | :$4930.31 |
| Tax Year | :2023 |
| Cross Street | :Hwy93,Corner Of Main & Simcoe |
| Virtual Tour | :Virtual Tour (External Link) |
08 Sep, 2023
TREB #S6800406
Available
$799900.0
1 Simcoe St is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 1 Simcoe St with a highly strategic location at the L9M 1V2 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
1 Simcoe St offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the S7307438 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 4930.31 and an attractive 799,900 while getting several vibrant Penetanguishene benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and L9M 1V2. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and Public for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Hwy93,Corner Of Main & Simcoe. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $4,000 available on the 799,900 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $4,000 and other attractive incentives for buying this Commercial in Ontario and at L9M 1V2. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This S7307438 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 1 Simcoe St promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at L9M 1V2 and you will find a value addition at 1 Simcoe St by all means.
