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Home ON Norfolk Norfolk County Simcoe
39 COLBORNE Street S
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39 COLBORNE Street S $599,000
$599,000
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39 COLBORNE Street S
Simcoe, Ontario N3Y4H2

MLS® Number: 40695884

Listing 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. (68621390)

Location Description

Located on the corner of Colborne St S and Peel St

Property Summary

Property Type
Retail
Storeys
1
Subdivision Name
Town of Simcoe
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$10,467.77
Time on REALTOR.ca
43 days

Building

Interior Features
Basement Type
None
Building Features
Features
Visual exposure
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
2644 sqft
Exterior Building Size
2644 sqft

Land

Lot Features
Frontage
95 ft
Other Property Information
Zoning Description
CBD
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
BOB VRENJAK