25
1 SIMCOE ST
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$799,900 Sale
Listed 19 days ago
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Key Facts
Key facts for 1 SIMCOE ST
Property Type
Commercial
Parking
0 garage, 0 parking
MLS #
S7307438
Size
3058 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
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. (id:10452)
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Listing courtesy of: KELLER WILLIAMS CO-ELEVATION REALTY
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