80 Second Avenue
Norfolk, ON
- 62,000 sqft
- Industrial
- 91 days on market
62,000 SF industrial facility situated on approximately 3 acres in the heart of Simcoe. Rare opportunity to acquire a large-scale industrial asset being offered at an attractive in-place 7.5% cap rate, with immediate income from a national tenant currently occupying the property under a triple net lease with approximately 2 years remaining. Functional building configuration offers ceiling heights ranging from approximately 14' clear up to 20' clear, supporting a wide variety of industrial and warehousing uses. The site features ample on-site parking and excellent circulation for employees, customers, and shipping operations. Flexible industrial zoning permits a broad range of industrial, manufacturing, warehousing, and employment-related uses, while the property's Urban Residential designation within the Official Plan presents compelling long-term redevelopment potential. Excellent opportunity for investors, owner-users, and developers seeking stable cash flow with future upside.
Listing Details
- Taxes (2025)
- $27,371
- Listed
- June 12, 2026
Price History
Property
- Lot Size
- 570 x 311 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Second Road West and Norfolk
- Zoning
- M3, HL
- Parcel Number
- 501890045
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Warehouse
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
- 473
- Median days on market
- 41
- Sale-to-list price
- 95.9%
Based on 473 recorded sales of commercial properties in Norfolk over the last 12 months.
Listed by
BLAIR BLANCHARD STAPLETON LIMITED
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 62,000 sq ft
- Price per sq ft
- $72.56
- Annual property tax
- $27,371
- Tax per sq ft
- $0.44
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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