
Norfolk, ON N3Y 3N3
Attention investors and 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, convenient access to major routes, and flexibility for a wide range of light industrial and commercial uses.Offering approximately 6,504 square feet, the building was completely renovated top to bottom in 2018 with permits. The front features a bright, professionally designed showroom with terrazzo flooring, a red cedar ceiling with exposed steel I beams, and an AODA accessible family bathroom, along with two additional washrooms. A third front room is already plumbed for four more toilets, allowing for future expansion. The space also includes a kitchenette, office area, and LED lighting throughout.At the rear, the warehouse is designed for function with on grade loading through a 9'4 x 9'7 roll up door. A 2024 independent gas suspended heater with a separate thermostat provides efficient climate control. The HVAC system includes two furnaces, currently operating on one, with the option to extend service into the warehouse.The exterior features concrete block construction with steel cladding, new stucco finish, and all new windows with protective coating. The roof includes a BML flat roof completed in 2018 and steel DAP roofing updated in 2026. Interior framing features 2 by 6 steel studs with code compliant insulation and a firewall.The property offers over 60 parking spaces, including two accessible spots, plus a 30 by 60 concrete pad with footings for future expansion. Additional features include an owned Millennium security system, signage electrical box, natural gas, and Bell Explornet high speed internet. A turnkey commercial property with scale, exposure, and growth potential!!!
TRREB MLS® Attribution
MLS® X13036426
Listed by REVEL REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$6,343
/month · $1,039,200 mortgage
Amortization
Total Interest
$863,756
Total Cost
$1,902,956
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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REVEL REALTY INC.