$1,950,000
( $148.57Per Sq Foot )
 $10,468 est/mo Sourced by Back At You

8 - 28 Argyle Street,Norfolk (Simcoe), ON N3Y1V5

Norfolk (Simcoe), ON N3Y1V5

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Description

HUGE INVESTMENT OPPORTUNITY - FULLY LEASED COMMERCIAL PLAZA in the Heart of the Simcoe's downtown core! Position yourself for success with this outstanding investment opportunity. 10.5% Cap Rate. This 13,125 sq. ft. commercial plaza is fully leased with 8 UNITS, providing an established rental income in a prime, highly visible area surrounded by professional offices, banks, and Simcoe's park system. This location offers high foot traffic and excellent street exposure with easy accessibility. Free public parking is conveniently located on the next block and street parking is available on both sides of Argyle St. As you can see this building has been meticulously maintained. Recent expenditures and updates have included all new cement sidewalks, steps and railings - 2026. Rooftop HVAC units - 2021 - 2024, and a complete roof replacement in 2018. The work has been done! This property provides an excellent opportunity for investors seeking a commercial property in a central business location with an established occupancy to provide them with a fluid income flow for years to come. (id:13843)

Details

MLS #X14082996
Listing TypeFor Sale
StatusActive
Days On Site8
Listing Provided ByCOLDWELL BANKER MOMENTUM REALTY, BROKERAGE | Peggy Sue Waldick

Features

SQ Feet13,125
ZoningCG

Interior

CoolingFully air conditioned
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount48107.84

Area Information

ProvinceON
CityNorfolk (Simcoe)
Postal CodeN3Y1V5
Listing VS Median (in N3Y1V5)
Price:
$1,950,000
low | high
Med:
$1,950,000
50% of Average
sqft:
13,125
low | high
Med:
13,125
50% of Average
$ / sqft:
$149
low | high
Med:
$149
50% of Average
On site:
8
low | high
Med:
8
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Paul Liberatore

Paul Liberatore

Sutton Centre Realty

Sales Representative, (604) 788-0463paull@sutton.com
ProvinceON
CityNorfolk (Simcoe)
Postal CodeN3Y1V5
Listing VS Median (in N3Y1V5)
Price:
$1,950,000
low | high
Med:
$1,950,000
50% of Average
sqft:
13,125
low | high
Med:
13,125
50% of Average
$ / sqft:
$149
low | high
Med:
$149
50% of Average
On site:
8
low | high
Med:
8
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.462M - $2.437M
sqft: 9,500 - 16,000
Nearby Listings Property ImageNearby Listings Details
49 KENT Street N Property Photo 1
$1,875,000
49 Kent Street N
Simcoe, ON N3Y3S1
Listing Updated: October 21, 2026 at 8:58:55 AM PDT

Paul Liberatore - Sutton