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$ 1,699,900
Est. payment /mo
Active
1285 Bayfield ST N Springwater, ON L9X 0P1
5 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Midhurst
MLS Listing ID S12628132
Annual Tax Amount $6,925
Tax Year 2024
Property Sub-Type Investment
Property Description
Located in the thriving municipality of Springwater, 1285 Bayfield Street North presents a prime investment opportunity with the potential to generate over $130,000 in net annual income when fully leased. Situated just minutes from Highway 400 and Bayfield Street, this 1.305-acre property offers excellent visibility and accessibility and is zoned CG - General Commercial, making it ideal for a broad range of uses including storage, retail, and other commercial operations. The site also offers strong owner-user potential, allowing an occupier to run their own business while benefiting from additional rental income. Featuring a 6,163 SF commercial building currently owner/tenant occupied, the property provides immediate income or flexibility for future use. Strategically located at the intersection of Bayfield Street and Snow Valley Road-an area targeted for higher-order retail and employment-generating development under the Midhurst Settlement Area Secondary Plan-the property is designated for Commercial/Mixed Use, delivering both strong short-term cash flow and long-term redevelopment potential.
Location
Province ON
County Simcoe
Area Simcoe
Zoning General Commercial - CG
Interior
Cooling Partial
Exterior
Parking Features None
Community Features Major Highway
Utilities Available Yes
Building
Lot Description Lot
Lited by CENTURY 21 B.J. ROTH REALTY LTD.