The Investments Group is pleased to present a unique mixed-use investment opportunity in Simcoes downtown district. This asset includes five fully completed condo-style residential units with in-suite laundry, two main-floor commercial units offering prime street exposure, and five self-contained lower-level commercial units. A significant value-add opportunity exists with the approved permit for three additional residential units on the main floor, providing investors with an NOI lift that enables takeout financing within a short timeframe. (id:47421)
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Detailed Information
Lot
63 x 129.75 ft
Listing Contract Date
2025-03-14
Location Description
Argyle & Hwy 24
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
CG
Building
Cooling Type
Fully air conditioned
Heating Fuel
Electric
Heating Type
Forced air
Type
Multi-Family
Utility Water
Municipal water
Land
Total Size
63 x 129.82 FT
Size of Irregular Land
63 x 129.82 FT
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