29 Simcoe Plaza

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.

• Lot Frontage: 64.45 Feet
• Annual Tax Amount: $8,001
• Access To Property: Private Road
• Basement: Partial Basement
• Construction Materials: Concrete
• Cooling: Other
• Foundation Details: Poured Concrete
• Garage Type: None
• Heat Source: Electric
• Heat Type: Baseboard
• Interior Features: Other
• Lot Shape: Irregular
• Lot Size Range Acres: < .50
• Parking Features: Other
• Pool Features: None
• Property Use: Multi-Use
• Roof: Other
• Sewer: Sewer
• Water: Municipal
• Lot Frontage 64.45 FEET
• Annual Tax Amount $8,002