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$1,299,000
Available - For Sale
Listing ID: X13036426
571 Bank Street , Norfolk, N3Y 3N3, Norfolk


Attention investors and business owners, this is a rare opportunity to acquire a fully renovated and highly versatile commercial property at 571 Bank Street in Simcoe. Set on a 1.27 acre lot in a high traffic location, this ML zoned property offers excellent exposure, convenient access to major routes, and flexibility for a wide range of light industrial and commercial uses.Offering approximately 6,504 square feet, the building was completely renovated top to bottom in 2018 with permits. The front features a bright, professionally designed showroom with terrazzo flooring, a red cedar ceiling with exposed steel I beams, and an AODA accessible family bathroom, along with two additional washrooms. A third front room is already plumbed for four more toilets, allowing for future expansion. The space also includes a kitchenette, office area, and LED lighting throughout.At the rear, the warehouse is designed for function with on grade loading through a 9'4 x 9'7 roll up door. A 2024 independent gas suspended heater with a separate thermostat provides efficient climate control. The HVAC system includes two furnaces, currently operating on one, with the option to extend service into the warehouse.The exterior features concrete block construction with steel cladding, new stucco finish, and all new windows with protective coating. The roof includes a BML flat roof completed in 2018 and steel DAP roofing updated in 2026. Interior framing features 2 by 6 steel studs with code compliant insulation and a firewall.The property offers over 60 parking spaces, including two accessible spots, plus a 30 by 60 concrete pad with footings for future expansion. Additional features include an owned Millennium security system, signage electrical box, natural gas, and Bell Explornet high speed internet. A turnkey commercial property with scale, exposure, and growth potential!!!
Price $1,299,000
Taxes: $15442.98
Tax Type: Annual
Assessment Year: 2026
Occupancy: Owner
Address: 571 Bank Street , Norfolk, N3Y 3N3, Norfolk
Postal Code: N3Y 3N3
Province/State: Norfolk
Legal Description: PT LT 1 CON 14 TOWNSEND AS IN NR414292 A
Directions/Cross Streets: Second & Bank
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Category: Free Standing
Building Percentage: T
Total Area: 6504.00
Total Area Code:  Square Feet
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Sprinklers: Yes
Washrooms: 0
Rail: N
Clear Height Feet: 12
Truck Level Shipping Doors #: 1
  Height Feet: 9
  Width Feet: 9
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 1
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL REALTY INC.
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At a Glance:
Type: Com - Industrial
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Simcoe
Style:
Lot Size: x 300.25(Feet)
Approximate Age: 51-99
Tax: $15,442.98
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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