REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,200,000
Est. payment /mo
New
265 King ST N New Tecumseth, ON L9R 1N3
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $550
Subdivision Alliston
MLS Listing ID N13774818
Annual Tax Amount $8,900
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
LOCATION! LOCATION! LOCATION! Excellent opportunity to own a well-established, turn-key commercial plaza ideally situated in a high-traffic area and serving numerous surrounding subdivisions, with additional future residential development proposed nearby. The plaza features 3 established tenants generating approximately $100,000 per year in total rent, plus TMI, providing an attractive income-producing investment with a strong cap rate. Excellent visibility with easy ingress and egress. Additional development potential allows for approximately 4,000 sq. ft. of additional space above the existing plaza, suitable for rental apartments or professional office space, subject to municipal approvals. Offered for sale by the original owner who built the plaza. A rare opportunity combining stable rental income with future development upside. Do not disturb tenants. Additional financial and property information is available upon request.
Location
Province ON
County Simcoe
Area Simcoe
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 155.26
Lot Depth 151.32
Others
Security Features Partial
ParcelsYN No
Listed by REMAX YOUR COMMUNITY REALTY