29 Simcoe Plaza, Terrace Bay, Ontario, P0T2W0
MLS: TB2600539 | Retail
$699,900
Property Description
Investor opportunity in one of Terrace Bay’s most sought after commercial locations! This well-established plaza sits in a prime high-visibility area and features 6 total units, offering excellent potential for both immediate income and future growth. Three units are currently occupied, including a major anchor tenant - Canada Post - drawing consistent daily traffic to the property. The remaining three vacant units provide a fantastic opportunity for an investor to increase revenue by bringing in additional tenants. Ideally located near major highways, Lake Superior, and a Tesla charging station, this plaza benefits from strong exposure to both local residents and travelers passing through the area. With existing tenancy, strong location appeal, and room to grow the rental income, this property is a fantastic investment opportunity in one of Terrace Bay’s key commercial hubs. Contact your Realtor today for more information. (id:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: None
- Living Area: 5,800 sq ft (538.8 m²)
- Frontage: 64 ft (19.6 m)
Costs
- Annual Taxes: $8,001.86
Listing Provided by: ROYAL LEPAGE LANNON REALTY
Board: Thunder Bay Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters, Electric
- Basement: Partial
Exterior & Construction
- Exterior: Concrete Block
- Foundation: Poured Concrete
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 64 ft (19.6 m)
Community & Neighbourhood
- Neighbourhood: Terrace Bay
Listing Information
Listing History
MLS listing activity for 29 Simcoe Plaza, Terrace Bay, Ontario, P0T2W0 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±5%Match BedroomsYesMatch BathroomsYes
Unit C - 29 Simcoe Plaza, Terrace Bay
Retail$800/mo
$8,002/yr taxListing Courtesy of ROYAL LEPAGE LANNON REALTY
Unit D - 29 Simcoe Plaza, Terrace Bay
Retail$400/mo
$8,002/yr taxListing Courtesy of ROYAL LEPAGE LANNON REALTY
Unit E - 29 Simcoe Plaza, Terrace Bay
Retail$1,200/mo
$8,002/yr taxListing Courtesy of ROYAL LEPAGE LANNON REALTY
33 & 35 Simcoe Plaza, Terrace Bay
Retail$19,900
$11,023/yr taxListing Courtesy of RE/MAX GENERATIONS REALTY
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
433 KING Street E, Hamilton
Retail$699,900
$5,487/yr taxListing Courtesy of RE/MAX Escarpment Realty Inc.
7 RUSSELL STREET W, Smiths Falls
Retail$699,900
$14,501/yr taxListing Courtesy of RE/MAX AFFILIATES MARQUIS
2 MAIN STREET W, Haldimand
Retail$699,900
$3,161/yr taxListing Courtesy of RE/MAX ESCARPMENT REALTY INC.
433 KING STREET, Hamilton (Landsdale)
Residential Commercial Mix$699,900
$5,487/yr taxListing Courtesy of RE/MAX ESCARPMENT REALTY INC.
5099 Regional Road 55, Whitefish
Commercial Mix$699,900
Listing Courtesy of RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
48 DUNDAS STREET E, Greater Napanee (Greater Napanee)
Residential Commercial Mix$699,900
$3,954/yr taxListing Courtesy of ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
7 CLINTON STREET, Norfolk (Port Dover)
Retail$699,900
$3,620/yr taxListing Courtesy of RIGHT AT HOME REALTY
4020 MAIN STREET, Niagara Falls (Chippawa)
Retail$699,900
$4,105/yr taxListing Courtesy of REALTY EXECUTIVES PLUS LTD, BROKERAGE
443 WENTWORTH STREET N, Hamilton (North End)
Retail$699,900
$6,467/yr taxListing Courtesy of RE/MAX ESCARPMENT REALTY INC.
2 MAIN Street W, Selkirk
Retail$699,900
$3,161/yr taxListing Courtesy of RE/MAX Escarpment Realty Inc.
2211 - 2201 KINGSTON ROAD, Toronto (Birchcliffe-Cliffside)
Retail$699,995
$6,888/yr taxListing Courtesy of BOSLEY REAL ESTATE LTD.
114 - 127 WESTMORE DRIVE, Toronto (West Humber-Clairville)
Retail$699,999
$4,800/yr taxListing Courtesy of HOMELINK REALTY LTD.
203 RUSSELL STREET, Centre Hastings
Retail$700,000
$1/yr taxListing Courtesy of EKORT REALTY LTD.
A8 - 9610 YONGE STREET, Richmond Hill (North Richvale)
Retail$699,800
$7,700/yr taxListing Courtesy of RE/MAX WEST REALTY INC.
12824 COUNTY ROAD 16, Severn
Retail$699,000
$2,567/yr taxListing Courtesy of Real Broker Ontario Ltd.
Similar Properties ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
Unit E - 29 Simcoe Plaza, Terrace Bay
Retail$1,200/mo
$8,002/yr taxListing Courtesy of ROYAL LEPAGE LANNON REALTY
Unit C - 29 Simcoe Plaza, Terrace Bay
Retail$800/mo
$8,002/yr taxListing Courtesy of ROYAL LEPAGE LANNON REALTY
Unit D - 29 Simcoe Plaza, Terrace Bay
Retail$400/mo
$8,002/yr taxListing Courtesy of ROYAL LEPAGE LANNON REALTY
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29 Simcoe Plaza, Terrace Bay, Ontario, P0T2W0