Situated on the prominent hard corner of Colborne Street South and Peel Street, this property offers excellent visibility and accessibility just two blocks from Highway 24 and steps away from Simcoe’s Downtown core. The area is primarily commercial and benefits from proximity to the Norfolk Administrative Building, Norfolk County Public Library – Simcoe Branch, Talbot Gardens Arena, and Trinity Anglican Church. Additionally, the surrounding residential neighborhoods provide a strong and steady customer base, enhancing the property's appeal. The property spans approximately 0.216 acres, with a frontage of 95.47 feet on Colborne Street South and a depth of 95.59 feet on Peel Street. It is currently improved with a 2,644 square-foot single-story freestanding retail building. The existing tenants include New Orleans Pizza and Shear Beauty Hair & Nail Salon, both of which contribute to the property's established commercial presence. Zoned as CBD, the property allows for a wide range of commercial uses and supports mixed-use development. The zoning also permits a maximum building height of six stories, creating potential for a development with commercial space on the ground floor and residential units above. The Official Plan further supports this vision, making the property an ideal opportunity for developers and investors seeking to capitalize on a prime location in a thriving and growing community.
CUSHMAN & WAKEFIELD WATERLOO REGION LTD.
$599,000
39 Colborne Street S, Simcoe, Ontario
0 Bedrooms
2644 Sqft
Property
MLS® Number: 40695884
Address: 39 Colborne Street S
City: Simcoe
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Property Sale History
Travel and Neighbourhood
90/100Walk Score®
Walker's Paradise
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