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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 40722264
Annual Tax Amount $2,743
Property Sub-Type Commercial
Source Waterloo Region
Property Description
An excellent opportunity to acquire a commercial property ideally located on a high-visibility corner along Queensway West (Highway 3), just west of Simcoe's downtown core. The site totals approximately 0.19 acres (8,535 SF) and is currently improved with a freestanding building, occupied by a Western Union tenant. Positioned within a strong commercial node, the property is surrounded by major retailers such as Staples, Shoppers Drug Mart, Tim Hortons, and several national restaurant brands, with additional residential neighborhoods nearby, providing a strong customer base. The property is zoned CS(H) - Service Commercial (Holding), offering redevelopment potential for a range of commercial uses such as clinics, financial institutions, personal services, daycares, or restaurants. The zoning allows for a maximum building height of 11 metres (approximately 3 storeys) with up to 35% lot coverage. Access is available directly from Highway 3 and Colborne Street North. Situated within Norfolk County, this location benefits from proximity to major markets, access to Highway 403 and Highway 24, and incentives supporting business growth and redevelopment.
Location
Province ON
County Norfolk
Area Town Of Simcoe
Zoning CS(H) Service Commercial
Direction Corner of Queensway West and Colborne Street North
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, At Lot Line-Hydro, Municipal to Lot Line
Lot Frontage 156.44
Garage No
Building
Lot Description Urban, Corner Lot, Highway Access, Visual Exposure
Faces Corner of Queensway West and Colborne Street North
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 502270069
Ownership Freehold/None
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Listed by CUSHMAN & WAKEFIELD WATERLOO REGION LTD.