29 Simcoe Plaza, Terrace Bay, Ontario P0T 2W0

Listed for:
$699,900
0 beds
0 baths
Listed 22 days ago
29 Simcoe Plaza, Terrace Bay, Ontario P0T 2W0

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About

East on Trans Canada Highway - Left on Radisson Ave - Property to the left 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:27476)

Property Highlights

MLS® Number
TB2600539
Type
Retail
Community Name
Terrace Bay
Land Size
under 1/2 acre

Building

Square Footage
5800 sqft
Exterior Finish
Concrete Block
Fireplace Present
No
Basement Type
Partial
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE LANNON REALTY
MLS® number:
TB2600539
Agent:
Kris Mcgowen
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