29 Simcoe Plaza
Terrace Bay, P0T 2W0
FOR SALE
$699,900
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Commercial Retail
CATEGORY X13244748
MLSID Contact Us
Property Description
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.
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Property Details
Address
29 Simcoe Plaza
Community
City
Postal Code
P0T 2W0
Property Type
Commercial Retail, Commercial Retail
Days On Market
58
Taxes
$8,002 (2024
Basement
Partial Basement
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Garage Type
None
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Listing contracted with Royal Lepage Lannon Realty
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