571 Bank Street,Norfolk, ON N3Y 3N3
Norfolk, ON N3Y 3N3
Description
Attention investors & 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, access to major routes & flexibility for a wide range of light industrial & commercial uses. Offering apprx 6,504 sqft, the building was renovated top to bottom in 2018 w/permits. The front features a professionally designed showroom w/a red cedar ceiling w/exposed steel I beams, & AODA accessible family bathroom, along w/2 addtl washrooms. A third front room is already plumbed for 4 more toilets, allowing for future expansion. The space also includes a kitchenette, office area, & LED lighting. Flooring throughout is updated, with 3 front offices (excluding the rounded corner office, which features luxury vinyl tile) finished in engineered hardwood. Hallways, main areas, & bathrooms are completed w/24"x24" porcelain tile, while the décor/kitchen & office cubicle areas feature luxury vinyl plank. Terrazzo flooring is found exclusively in the rear warehouse areas, incld the garage & storage spaces. The warehouse is designed for function w/on grade loading through a 9'4x9'7 roll up door. A 2024 independent gas suspended heater w/separate thermostat provides efficient climate control. HVAC system includes 2 furnaces, currently operating on 1, w/option to extend service into warehouse. The exterior features concrete block construction w/steel cladding, new stucco finish, and new windows w/protective coating. The roof includes a BML flat roof (2018) and steel DAP roofing (2026). Interior framing features 2x6 steel studs w/code compliant insulation & firewall. Over 60 parking spaces, including 2 accessible spots, plus a 30x60 concrete pad w/footings for future expansion. Addtl features include an owned Millennium security system, signage electrical box, natural gas, & Bell Explornet high speed internet.
Details
| MLS # | X13636906 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 20 |
| Listing Provided By | REVEL REALTY INC. | X13636906 344708 |
Features
| SQ Feet | 6,504 |
|---|---|
| Acreage | 0.15 |
Interior
| Cooling | Yes |
|---|
Exterior
| Community Features | Major Highway, Recreation/Community Centre |
|---|---|
| Security Features | Yes |
Utilities
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
Taxes
| Tax Annual Amount | 15442.98 |
|---|---|
| Tax Assessed Value | 216000 |
| Tax Type | Annual |
| Tax Legal Description | PT LT 1 CON 14 TOWNSEND AS IN NR414292 AMENDED BY NR420792 EXCEPT NR424351; NORFOLK COUNTY |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Norfolk |
| City | Norfolk |
| Postal Code | N3Y 3N3 |
| Area | Simcoe |
| Listing VS Median (in N3Y 3N3) | |
Price: $1,050,000 low | high Med: $525,006 sqft: 6,504 low | high Med: 6,504 $ / sqft: $161 low | high Med: $81 On site: 20 low | high Med: 48 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Norfolk |
| City | Norfolk |
| Postal Code | N3Y 3N3 |
| Area | Simcoe |
| Listing VS Median (in N3Y 3N3) | |
Price: $1,050,000 low | high Med: $525,006 sqft: 6,504 low | high Med: 6,504 $ / sqft: $161 low | high Med: $81 On site: 20 low | high Med: 48 | |
