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29 SIMCOE PLAZA, Terrace Bay (TB-92)

$699,900

Investor opportunity in one of Terrace Bayâ??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 Bayâ??s key commercial hubs. Contact your Realtor today for more information.

General Info


MLS Listing ID: X13244748 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Listing Type: Retail Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Poured Concrete Roof: N/A Title To Land: N/A Parking Space Total: 0
Parking: N/A Heating: Baseboard heaters Size: N/A Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Partial
Water Supply: Municipal water Road Type: N/A Pool Type: N/A
Listed BY: Kris McGowen, Royal LePage® Lannon Realty

Amenities/Features


  • Irregular lot size

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