571 Bank Street Simcoe, Ontario N3Y 3N3

6,504 sqft
Acreage

$1,299,000

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. (id:49269)

Property Details

MLS® Number 40825224
Property Type Other
Communication Type Fiber
Community Features High Traffic Area, Industrial Park
Features Visual Exposure, Crushed Stone Driveway
Parking Space Total 60

Building

Basement Type None
Constructed Date 1946
Construction Material Concrete Block, Concrete Walls
Exterior Finish Concrete, Other, Stucco
Fire Protection Security System
Foundation Type Poured Concrete
Stories Total 1
Size Exterior 6504.0000
Size Interior 6,504 Sqft
Utility Water Municipal Water

Land

Access Type Road Access, Highway Access
Acreage Yes
Sewer Municipal Sewage System
Size Depth 300 Ft
Size Frontage 188 Ft
Size Irregular 1.27
Size Total 1.27 Ac|1/2 - 1.99 Acres
Size Total Text 1.27 Ac|1/2 - 1.99 Acres
Zoning Description Ml

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/29673830/571-bank-street-simcoe

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