571 BANK Street, Simcoe, Ontario, N3Y3N3
MLS: 40830373 | Other
$1,149,900
Property Description
Attention investors & business owners, this is a rare opportunity to acquire a fully renovated and highly versatile commercial property at 571 Bank Street in Simcoe. Set on a 1.27 acre lot in a high traffic location, this ML zoned property offers excellent exposure, access to major routes & flexibility for a wide range of light industrial & commercial uses. Offering apprx 6,504 sqft, the building was renovated top to bottom in 2018 w/permits. The front features a professionally designed showroom w/a red cedar ceiling w/exposed steel I beams, & AODA accessible family bathroom, along w/2 addtl washrooms. A third front room is already plumbed for 4 more toilets, allowing for future expansion. The space also includes a kitchenette, office area, & LED lighting. Flooring throughout has been updated, with 3 front offices (excluding the rounded corner office, which features luxury vinyl tile) finished in engineered hardwood. Hallways, main areas, & bathrooms are completed w/24”x24” porcelain tile, while the décor/kitchen & office cubicle areas feature luxury vinyl plank. Terrazzo flooring is found exclusively in the rear warehouse areas, incld the garage & storage spaces. The warehouse is designed for function w/on grade loading through a 9'4x9'7 roll up door. A 2024 independent gas suspended heater w/separate thermostat provides efficient climate control. HVAC system includes 2 furnaces, currently operating on 1, w/option to extend service into warehouse. The exterior features concrete block construction w/steel cladding, new stucco finish, and new windows w/protective coating. The roof includes a BML flat roof (2018) and steel DAP roofing (2026). Interior framing features 2x6 steel studs w/code compliant insulation & firewall. Over 60 parking spaces, including 2 accessible spots, plus a 30x60 concrete pad w/footings for future expansion. Addtl features include an owned Millennium security system, signage electrical box, natural gas, & Bell Explornet high speed internet.
Quick Facts
- Property Type: Other
- Bedrooms: None
- Bathrooms: None
- Living Area: 6,504 sq ft (604.2 m²)
- Year Built: 1946
- Ownership: Freehold
- Parking: 60.0 spaces
- Lot Size: 1.2700 acres (0.51 ha)
- Frontage: 188 ft (57.3 m)
Costs
- Annual Taxes: $15,442.98
Listing Provided by: Revel Realty Inc
Board: Brantford Regional Real Estate Assn Inc
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Basement: None
- Utilities: Natural Gas, Electricity
- Security: Security system
Exterior & Construction
- Exterior: Concrete, Stucco, Other
- Construction: Concrete block, Concrete Walls
- Foundation: Poured Concrete
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Lot Size: 1.2700 acres (0.51 ha)
- Frontage: 188 ft (57.3 m)
- Features: Visual exposure, Crushed stone driveway
- Zoning: ML
Community & Neighbourhood
- Community: High Traffic Area, Industrial Park
- Subdivision: Town of Simcoe
Listing Information
Listing History
MLS listing activity for 571 BANK Street, Simcoe, Ontario, N3Y3N3 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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571 BANK Street, Simcoe, Ontario, N3Y3N3