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80 Second Avenue W, Simcoe, ON, N3Y 2P3

MLS® # 40676813
Commercial For Sale In Simcoe, Ontario
$3,850,000
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
80 Second Avenue W, Simcoe, ON
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ACTIVE
80 Second Avenue W, Simcoe, ON, N3Y 2P3
$3,850,000

Property Information:

Discover an exceptional investment opportunity featuring a single, national, triple net tenant with this expansive warehouse property. With approximately 62,000 square feet of versatile space situated on approximately 3 acres, this property is designated under the Official Plan as Urban Residential, making it an ideal candidate for future development. The tenant currently occupies the entire building and has recently signed a new lease with robust annual escalations and favorable renewal provisions, ensuring a stable income stream. The property offers a remarkable return on investment with a cap rate just under 8% and annual escalation's through 2028. Ideally situated in a prime locale near the intersection of Queensway and Norfolk in downtown Simcoe, this property provides convenient access and ample on-site parking. Don’t miss out on this top-notch industrial opportunity.

Property Features:

  • Bedrooms: 0
  • Acres Range: 2-4.99
  • Basement: Partial
  • Floor Space (approx): 62000 Square Feet
  • Lot Depth: 311 Feet
  • Lot Features: Irregular Lot, City Lot
  • Lot Frontage: 570.00 Feet
  • Water Source: Other
  • Zoning: MG, HL
  • Sewer: Sewer (Municipal)

Courtesy of: Realty Advisors & Co., Brokerage

Data provided by: Brantford Regional Real Estate Association Inc. 106 George Street, Brantford, Ontario N3T 2Y4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 80 Second Avenue W, Simcoe, ON, N3Y 2P3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

37 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

37 hot days expected in 2050

60/100

Moderate-High

ClimateCheck®

Current data

This property, 80 Second Avenue W, experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 37 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.7℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
37

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 80 Second Avenue W, experiences 11 significant 2-day storms per year, with about 331.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 410.4mm of precipitation per year.

Precipitation Per Storm

Past
331.6mm
2050
410.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 80 Second Avenue W, Simcoe, ON, N3Y 2P3

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$96,000.00

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.93 %

High school certificate or equivalent

27.93 %

Apprenticeship trade certificate/diploma

7.82 %

College/non-university certificate

24.59 %

University certificate (below bachelor)

1.68 %

University Degree

10.06 %

Commuter

Travel To Work

By Car

89.19 %

By Public Transit

0.0 %

By Walking

8.11 %

By Bicycle

0.0 %

By Other Methods

2.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.72 %

Houses

71.28 %

Own Vs. Rent

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