Primary photo of 33 & 35 Simcoe Plaza, Terrace Bay
1 / 22

Restaurant For Sale

$24,900

33 & 35 Simcoe Plaza

MLS® Number: TB253206

Floor Area

4,826

About This Property

INVESTOR ALERT! Looking to start your own business? This commercial building on Simcoe Plaza offers endless potential for the right buyer. Sitting on a double lot, this property includes a storefront space plus a 2-bedroom residential unit above, perfect for owner-occupied or rental income opportunities. Previously operated as a bakery and restaurant, the building will require significant repairs and updates to bring it back to life. The water is shut off at the main, and ESA approval will be needed before reopening. If you're handy, creative, and ready to make your business dreams come true, this property is the perfect project to transform into your next success story!

Property Details

Interior Details

Basement

Full

Heating

Baseboard heaters, Forced air, Electric

Living Area

4826 sqft

Building & Exterior

Building Features

Storefront, Living Accommodation, Street Lighting

Exterior Features

Brick, Siding

Foundation Details

Poured Concrete

Parking Features

Other, Surfaced

Land & Location

City Region

Terrace Bay

Frontage Length

65.5

Lot Features

Office space

Parcel Number

624570309 & 624570310

Postal Code

P0T2W0

Listing & Financials

Listing Office

RE/MAX GENERATIONS REALTY

Originating System Name

Thunder Bay Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($4,980)
5.5%
25 Years

Estimated Monthly Payment

$122

Principal and interest only. Actual rates may vary.

Location & Map

Similar Listings

List Property33 & 35 Simcoe Plaza - Restaurant for Sale in Terrace Bay, Ontario | MLS® TB253206