Property Description for 342 SIMCOE ST
One of the Best Retail Locations the Growing Town of Beaverton has to Offer!! Fully Tenanted Investment Opportunity W/Exceptional Location & Prime Visibility, Commercial Building Backs Onto Beaver River Which Flows Directly Out to Lake Simcoe, Busy Side of Street W/Lots of Foot Traffic, This Completely Updated & Well Maintained Property Includes 2 Long Term Leased Storefronts & 1 Upper Leased Apartment, Recent Upgrades Include: New Front Peaked Roof W/Ice Guards (2020), New Flat Roof (2018), New Furnace, New Front and Rear Apartment Doors W/Exterior Landing and Stairs (2018), Hytec Security Installed, upper Apartment Extensively Reno'd & List of Upgrades Attached to Listing Including All New Appliances, Retail Space Renovated in (2022) Including New Floor, East Wall Re-Insulated & Drywalled, Fresh Paint, New Front Doors to Be Installed Before Closing, All New Pegboard & Baseboards Throughout, Apartment W/1 Yr Lease and Option to Renew, Smaller Retail Space on 5 Yr Lease W/Option to**** EXTRAS **** Renew for 5, Large Retail Space W/5 Yr Lease W/Option To Renew for 5 Yrs (X3) for 20 Total if needed. Nothing Left to Do but Collect!! (id:38686)
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Property Details
Property Tax
: $8,327Last Updated
: Wed, November 29, 2023MLS® #
: N6797688Date Listed
: Sep 7, 2023
Property Features
Property Type
: CommercialSquare Footage
: 4,250 SQFT
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