29 Simcoe Plaza Terrace Bay, Ontario P0T 2W0

Baseboard Heaters

$699,900

Investor opportunity in one of Terrace Bay’s most sought after commercial locations! This well-established plaza sits in a prime high-visibility area and features 6 total units, offering excellent potential for both immediate income and future growth. Three units are currently occupied, including a major anchor tenant - Canada Post - drawing consistent daily traffic to the property. The remaining three vacant units provide a fantastic opportunity for an investor to increase revenue by bringing in additional tenants. Ideally located near major highways, Lake Superior, and a Tesla charging station, this plaza benefits from strong exposure to both local residents and travelers passing through the area. With existing tenancy, strong location appeal, and room to grow the rental income, this property is a fantastic investment opportunity in one of Terrace Bay’s key commercial hubs. Contact your Realtor today for more information. (id:61194)

Property Details

MLS® Number X13244748
Property Type Business
Community Name TB-92
Features Irregular Lot Size

Building

Basement Type Partial
Exterior Finish Concrete
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Utility Water Municipal Water

Land

Access Type Private Road
Acreage No
Sewer Sanitary Sewer
Size Frontage 64 Ft ,5 In
Size Irregular 64.45 Ft
Size Total Text 64.45 Ft|under 1/2 Acre
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