8 - 28 Argyle Street, Norfolk (Simcoe), Ontario

$1,950,000

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13,125

Square feet

About 8 - 28 Argyle Street

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:6289)

More Info on this Simcoe MLS® listing

8 - 28 Argyle Street is a listing for sale in Norfolk (Simcoe). The MLS® number is X14082996. It covers 13,125 square feet. It's currently listed for $1,950,000. For more details on MLS® X14082996, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Simcoe is available now!

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Features of 8 - 28 Argyle Street

Listing # X14082996
Price $1,950,000
Square Footage 13,125
Type Retail

Community Information

Address 8 - 28 Argyle Street
Area Simcoe
Subdivision Simcoe
City Norfolk (Simcoe)
Province Ontario
Postal Code N3Y1V5

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 165.5 x 103.27 FT

Additional Information

Zoning CG

Listing Details

OfficeCOLDWELL BANKER MOMENTUM REALTY, BROKERAGE

Listing Map

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