$699,900
29 Simcoe Plaza
TB-92, Terrace Bay, Ontario P0T2W0
For sale· Added
About this property
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.
Location
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Property details
Listing
- MLS® number
- X13244748
- Added
- Mar 26, 2026 ()
- Updated
- Sep 3, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Baseboard heaters, Electric
- Fireplace
- No
- Features
- Irregular lot size
Building
- Basement
- Partial
- Exterior
- Concrete
- Foundation
- Poured Concrete
Land
- Lot size
- 64.45 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Directions
- East on Trans Canada Highway - Left on Radisson Ave - Property to the left
Running costs
- Annual property tax
- $8,002