Space
Finished area and layout
- Living Area
- 500 sqft
+11 more
500 sqft
Living Area
64.45 FT
Lot
Property Snapshot
Key details for this listing
MLS #X13244748
Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
- Basement
- Partial
Lot
Land, frontage and setting
- Lot
- 64.45 FT
About This Property
This retail in Terrace Bay offers 500 sqft of living area on a 64.45 FT lot. The home features baseboard heaters, electric heating, a partial basement.
MLS Remarks
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. (id:60351)
Full Listing Details
Address29 SIMCOE PLAZA
MLS#X13244748
Listing StatusActive
Property TypeCommercial
Sub-TypeRetail
TransactionSale
List DateMar 24, 2026
Days on Market216
Annual Tax$8,002
Structure TypeOffices
StyleRetail
Living Area500 sqft
CityTerrace Bay
NeighbourhoodTerrace Bay
ProvinceOntario
Postal CodeP0T2W0
Lot Dimensions64.45 FT
Frontage64.5 feet
Lot FeaturesIrregular lot size
HeatingBaseboard heaters, Electric
BasementPartial
FoundationPoured Concrete
ExteriorConcrete
SewerSanitary sewer
Water SourceMunicipal water
Annual Tax$8,002
East on Trans Canada Highway - Left on Radisson Ave - Property to the left
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