571 Bank Street
Norfolk, ON
- 6,504 sqft
- Industrial
- 134 days on market
Attention investors and 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, convenient access to major routes, and flexibility for a wide range of light industrial and commercial uses.Offering approximately 6,504 square feet, the building was completely renovated top to bottom in 2018 with permits. The front features a bright, professionally designed showroom with terrazzo flooring, a red cedar ceiling with exposed steel I beams, and an AODA accessible family bathroom, along with two additional washrooms. A third front room is already plumbed for four more toilets, allowing for future expansion. The space also includes a kitchenette, office area, and LED lighting throughout.At the rear, the warehouse is designed for function with on grade loading through a 9'4 x 9'7 roll up door. A 2024 independent gas suspended heater with a separate thermostat provides efficient climate control. The HVAC system includes two furnaces, currently operating on one, with the option to extend service into the warehouse.The exterior features concrete block construction with steel cladding, new stucco finish, and all new windows with protective coating. The roof includes a BML flat roof completed in 2018 and steel DAP roofing updated in 2026. Interior framing features 2 by 6 steel studs with code compliant insulation and a firewall.The property offers over 60 parking spaces, including two accessible spots, plus a 30 by 60 concrete pad with footings for future expansion. Additional features include an owned Millennium security system, signage electrical box, natural gas, and Bell Explornet high speed internet. A turnkey commercial property with scale, exposure, and growth potential!!!
Listing Details
- Taxes (2025)
- $15,443
- Listed
- April 23, 2026
Price History
Listing history
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Property
- Age
- 51-99
- Lot Size
- 187.97 x 300.25 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Second & Bank
- Zoning
- ML
- Parcel Number
- 502850040
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Awning, Fridge, Island, Shelving, Fireplace, Cubicles - negotiable. Bookshelf in kitchen.
- Exclusions
- Carrillo Sign, Product/Display of business owner. All furniture, product, samples and decor
- Rental Items
- Alarm System
Community
Postal area N3Y
- Population
- 23,402
- Private dwellings
- 10,382
- Median age
- 49.2
- Average household size
- 2.3
- Median household income
- $77,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Norfolk · last 12 months
- Median sold price
- $585,000
- Homes sold
- 481
- Median days on market
- 42
- Sale-to-list price
- 96.0%
Based on 481 recorded sales of commercial properties in Norfolk over the last 12 months.
Listed by
REVEL REALTY INC.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 6,504 sq ft
- Price per sq ft
- $199.72
- Annual property tax
- $15,443
- Tax per sq ft
- $2.37
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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