571 Bank Street, Norfolk, ON N3Y 3N3
Norfolk, ON, N3Y 3N3 · Simcoe
About this property
Attention investors & 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, access to major routes & flexibility for a wide range of light industrial & commercial uses. Offering apprx 6,504 sqft, the building was renovated top to bottom in 2018 w/permits. The front features a professionally designed showroom w/a red cedar ceiling w/exposed steel I beams, & AODA accessible family bathroom, along w/2 addtl washrooms. A third front room is already plumbed for 4 more toilets, allowing for future expansion. The space also includes a kitchenette, office area, & LED lighting. Flooring throughout is updated, with 3 front offices (excluding the rounded corner office, which features luxury vinyl tile) finished in engineered hardwood. Hallways, main areas, & bathrooms are completed w/24"x24" porcelain tile, while the décor/kitchen & office cubicle areas feature luxury vinyl plank. Terrazzo flooring is found exclusively in the rear warehouse areas, incld the garage & storage spaces. The warehouse is designed for function w/on grade loading through a 9'4x9'7 roll up door. A 2024 independent gas suspended heater w/separate thermostat provides efficient climate control. HVAC system includes 2 furnaces, currently operating on 1, w/option to extend service into warehouse. The exterior features concrete block construction w/steel cladding, new stucco finish, and new windows w/protective coating. The roof includes a BML flat roof (2018) and steel DAP roofing (2026). Interior framing features 2x6 steel studs w/code compliant insulation & firewall. Over 60 parking spaces, including 2 accessible spots, plus a 30x60 concrete pad w/footings for future expansion. Addtl features include an owned Millennium security system, signage electrical box, natural gas, & Bell Explornet high speed internet.
Features & Amenities
- Garage: None
- Cooling: Yes
- Heat Type: Gas Forced Air Closed
- Sewer: Sanitary+Storm
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Industrial |
| Lot Size | 1 Feet |
| Garage | None |
| Parking Spaces | 60 |
| Heat Type | Gas Forced Air Closed |
| Cooling | Yes |
| Sewer | Sanitary+Storm |
| Annual Tax | $7,406 |
| Tax Year | 2026 |
Building & Construction
- Approximate Age
- 51-99
- Building Area Total
- 6504
Heating & Cooling
- Heat Type
- Gas Forced Air Closed
- Cooling
- Yes
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 60
Lot & Land
- Lot Size Area
- 1.27
- Lot Size Units
- Feet
- Lot Depth
- 300.25
- Lot Width
- 187.97
- Lot Irregularities
- 296.51' x 201.17' x 300.25' x 201.13'
Community & Neighborhood
- Community Features
- Major Highway, Recreation/Community Centre
Financial & Tax
- Tax Annual Amount
- $7,406
- Tax Year
- 2026
- Tax Assessed Value
- $216,000
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sanitary+Storm
- Utilities
- Yes
Additional Details
- Occupant Type
- Owner
- County Or Parish
- Norfolk
- Cross Street
- Second & Bank
- Directions
- Second Ave E to Bank St N
- Showing Requirements
- Lockbox, Showing System
Location
571 Bank Street, Norfolk, ON N3Y 3N3, Norfolk, ON, N3Y 3N3