80 Second Avenue

Original Remarks

62,000 SF industrial facility situated on approximately 3 acres in the heart of Simcoe. Rare opportunity to acquire a large-scale industrial asset being offered at an attractive in-place 7.5% cap rate, with immediate income from a national tenant currently occupying the property under a triple net lease with approximately 2 years remaining. Functional building configuration offers ceiling heights ranging from approximately 14' clear up to 20' clear, supporting a wide variety of industrial and warehousing uses. The site features ample on-site parking and excellent circulation for employees, customers, and shipping operations. Flexible industrial zoning permits a broad range of industrial, manufacturing, warehousing, and employment-related uses, while the property's Urban Residential designation within the Official Plan presents compelling long-term redevelopment potential. Excellent opportunity for investors, owner-users, and developers seeking stable cash flow with future upside.