39 Colborne ST, Simcoe, ON N3Y 4H2
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39 Colborne ST, Simcoe, ON N3Y 4H2
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Caroline Marshall

Caroline Marshall

+1(705) 388-1792
$ 575,000
Est. payment /mo
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39 Colborne ST Simcoe, ON N3Y 4H2

2,644 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 2,644 sqft

Price per Sqft $217

MLS Listing ID 40820269

Abv Grd Liv Area 2,644

Annual Tax Amount $10,769

Property Sub-Type Building and Land

Source Cornerstone

Property Description

User / investor opportunity with an upcoming approximately 1,568 SQFt (60%) of vacancy, situated on the prominent hard corner of Colborne Street South and Peel Street, offering 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, while the surrounding residential neighborhoods provide a strong and steady customer base.

The property is 0.216 acres with frontage on both streets and is improved with a 2,644 square-foot, multi-tenant freestanding retail building. The existing tenant New Orleans Pizza just renewed for 5 years, providing in-place income and an established commercial presence.

The vacancy creates flexibility for an owner-occupier to bring their own business—whether medical, retail, or professional services—while offsetting occupancy costs with existing rental income. Alternatively, investors can capitalize on leasing upside by re-tenanting the vacant space and enhancing cash flow. 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

Listed by CUSHMAN & WAKEFIELD WATERLOO REGION LTD.

NEARBY SCHOOLS & PROPERTIES

Caroline Marshall

Caroline Marshall

+1(705) 388-1792

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39 Colborne ST