39 Colborne Street S new Save Request In-Person Tour Request Virtual Tour
Simcoe,ON N3Y 4H2
Key Details
Property Type Commercial
Sub Type Retail,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,644 sqft
Price per Sqft $226
MLS Listing ID 40695884
Abv Grd Liv Area 2,644
Originating Board Waterloo Region
Annual Tax Amount $10,467
Property Sub-Type Retail,Building and Land
Property Description
Situated on the prominent hard corner of Colborne Street South and Peel Street, this property offers excellent visibility and accessibility just two blocks from Highway 24 and steps away from Simcoe's Downtown core. The area is primarily commercial and benefits from proximity to the Norfolk Administrative Building, Norfolk County Public Library – Simcoe Branch, Talbot Gardens Arena, and Trinity Anglican Church. Additionally, the surrounding residential neighborhoods provide a strong and steady customer base, enhancing the property's appeal.
The property spans approximately 0.216 acres, with a frontage of 95.47 feet on Colborne Street South and a depth of 95.59 feet on Peel Street. It is currently improved with a 2,644 square-foot single-story freestanding retail building. The existing tenants include New Orleans Pizza and Shear Beauty Hair & Nail Salon, both of which contribute to the property's established commercial presence.
Zoned as CBD, the property allows for a wide range of commercial uses and supports mixed-use development. The zoning also permits a maximum building height of six stories, creating potential for a development with commercial space on the ground floor and residential units above. The Official Plan further supports this vision, making the property an ideal opportunity for developers and investors seeking to capitalize on a prime location in a thriving and growing community.
Location
Province ON
County Norfolk
Area Town Of Simcoe
Zoning CBD
Direction Located on the corner of Colborne St S and Peel St
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 95.47
Garage No
Building
Lot Description Ample Parking,Public Transit,Visual Exposure
Faces Located on the corner of Colborne St S and Peel St
Story 1
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 1
New Construction No
Others
Senior Community false
Tax ID 502250103
Ownership Freehold/None