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Home ON Thunder Bay District Terrace Bay
29 SIMCOE PLAZA F
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29 SIMCOE PLAZA F $949,900
$949,900
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29 SIMCOE PLAZA F
Terrace Bay, Ontario P0T2W0

MLS® Number: X12481354

Listing Description

Exceptional commercial investment with a reliable, government-backed tenant Canada Post Corporation. This well-maintained property offers stable long-term income and steady cash flow. Ideal for investors seeking a secure, recession-resistant asset. Located in a high-traffic area with strong community presence. Triple-net lease in place with solid returns and minimal management required. This income generating cash cow has 5 units with solar income. This income-generating asset offers diversified revenue streams with reliable rent roll and additional solar panel income. Well-maintained building in a prime, high-visibility location. potential to increase income. Vacant office and storage units in the basement. Enjoy consistent cash flow from long-term leases and renewable energy returns. . (41512251)

Location Description

Cross Streets: Trans-Canada Highway 11-17. ** Directions: trans canada hwy to simcoe plaza.

Property Summary

Property Type
Business
Land Size
63.2 x 91.92 FT
Age Of Building
31 to 50 years
Annual Property Taxes
$8,583.52
Time on REALTOR.ca
53 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Baseboard heaters
Utilities
Water
Municipal water

Measurements

Square Footage
4096 sqft

Land

Lot Features
Frontage
63 ft ,2 in
Land Depth
91 ft ,11 in
Other Property Information
Zoning Description
Retail, Commercial, Industrial
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ABUL BUTT