16
See all 16 photos
$699,900
Est. payment /mo
5,800 SqFt
Active
29 Simcoe Plaza Terrace Bay, ON P0T2W0
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5800
Square Footage 5,800 sqft
Price per Sqft $120
Subdivision Terrace Bay
MLS® Listing ID TB2600539
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Listed by ROYAL LEPAGE LANNON REALTY
Nearby Locations
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