Homes for sale - 5 Norfolk Street N, Simcoe, ON N3Y 3N6

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Mike Taylor

mike@ninemilerealty.ca +1(705) 985-1110

Listed by Ryan Vandenbussche • RE/MAX ERIE SHORES REALTY INC. BROKERAGE

$ 892,500

Est. payment | -/mo

16,125 SqFt

Save Virtual Tour

$ 892,500

Est. payment | -/mo

Save Virtual Tour

16,125 SqFt

Key Details

Property Type Commercial

Sub Type Retail,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 16,125 sqft

Price per Sqft $55

MLS Listing ID 40749232

Abv Grd Liv Area 16,125

Annual Tax Amount $18,400

Property Sub-Type Retail,Building and Land

Source Cornerstone

Property Description

Seize a rare opportunity to own a cornerstone of downtown Simcoe's vibrant commercial landscape at 5 Norfolk Street North. This iconic 16,000 sq. ft. property, historically known as Budds Department Store for over 80 years (1930s–2016) and now operating as Clarence's Clearances, offers unmatched potential for visionary investors and entrepreneurs eager to shape the future of Norfolk County's downtown core. Strategically positioned on a high-traffic corner in the heart of Simcoe, this concrete and brick building features two expansive levels of approximately 7,000 sq. ft. each, with flexible C1 zoning that supports a wide array of commercial uses, including the potential to add a third floor for further development. The property is equipped with modern amenities, including gas forced air heating, two boilers, three separate meters for versatile tenant configurations, and an elevator (not functional) providing access to a newly upgraded flat roof with a $45,000 roof liner investment, ensuring durability and low maintenance. With its prominent location, this property benefits from exceptional visibility and accessibility, surrounded by a thriving community of shops, restaurants, and cultural amenities, including nearby Wellington Park and the Norfolk County Carillon Memorial Tower. The large square footage offers endless customization possibilities, whether for retail, office space, mixed-use residential development, or innovative ventures. All current inventory is negotiable, and one parking space is included.
This is a prime opportunity for savvy investors to make a lasting impact on downtown Simcoe's growth and vitality. With its rich history and untapped potential, 5 Norfolk Street North is ready for a new chapter. Located just a short, scenic drive from all major cities in Southwestern Ontario, and close proximity to Norfolk's renowned beaches, marinas, golf courses, and seasonal farm fresh fruit/veggie stands.

Location

Province ON

County Norfolk

Area Town Of Simcoe

Zoning C1

Direction Corner of HWY 24 and Argyle

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 80.17

Garage No

Building

Lot Description Business Centre, City Lot, High Traffic Area, Hospital

Faces Corner of HWY 24 and Argyle

Story 1

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 502290018

Ownership Freehold/None

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+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

5 Norfolk Street N Simcoe, ON N3Y 3N6