571 Bank Street, Simcoe, Ontario

$1,050,000

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6,504

Square feet

1.27

Acres

About 571 Bank Street

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 is 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. (id:36535)

Features of 571 Bank Street

Listing # 40853209
Price $1,050,000
Bathrooms 0.00
Square Footage 6,504
Acres 1.27
Year Built 1946
Type Other
Sub-Type Freehold

Community Information

Address 571 Bank Street
Subdivision Town of Simcoe
City Simcoe
Province Ontario
Postal Code N3Y3N3

Amenities

Utilities Electricity, Natural Gas
Features Visual exposure, Crushed stone driveway
Parking Spaces 60
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 1
Has Basement No
Basement Type None

Exterior

Exterior Concrete, Other, Stucco
Construction Concrete block, Concrete Walls
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of Revel Realty Inc

Listing Map