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$ 1,459,000
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Active
39 Kent ST N Norfolk, ON N3Y 3S1
12,100 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 12,100 sqft
Price per Sqft $120
Subdivision Simcoe
MLS Listing ID X12020402
Annual Tax Amount $15,124
Tax Year 2024
Property Sub-Type Investment
Property Description
The Investments Group is pleased to present a unique mixed-use investment opportunity in Simcoes downtown district. This asset includes five fully completed condo-style residential units with in-suite laundry, two main-floor commercial units offering prime street exposure, and five self-contained lower-level commercial units. A significant value-add opportunity exists with the approved permit for three additional residential units on the main floor, providing investors with an NOI lift that enables takeout financing within a short timeframe.
Location
State ON
County Norfolk
Community Simcoe
Area Norfolk
Zoning CG
Interior
Cooling Yes
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Lot
Lited by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES