Fully rented solid medical building in the heart of Downtown Simcoe. Fully leased to Pharmacy and Medical Clinic. Two (2) Storey building, with an excellent income of $80,000.00 annually with ten (10) Year Triple net Lease, with escalation of rents.. Won't find a deal like this at 10% guaranteed return on cash investment. Recession proof income.
Address
32 Robinson Street
List Price
$789,000
MLS® Status
New
Expiration Date
2025-09-30
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
For Sale
Area
Norfolk
Sub-Area
Simcoe
Lot Size Source
MPAC
Lot Depth
87.54
Lot Type
Lot
Lot Size Units
Feet
Lot Width
27
Parcel Number
502250108
Total Building Area
3780
Occupant Type
Tenant
Cross Street
Robinson and Kent
MLS® Number
X12169411
Listing Brokerage
BRIDGECAN REALTY CORP.
Postal Code
N3Y 1W4
Posession Details
Flexible
Tax Amount
$8,347.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Tax Legal Description
PT LT 4 BLK 96 PL 182 AS IN NR541041; NORFOLK COUNTY
Security Features
No