1045 Regional Road 1 Road, Norfolk, Ontario, N0E1P0
$1,299,000
Norfolk
This industrial property in Norfolk is for sale.
The Most Prime Location! Rare commercial opportunity featuring a licensed Auto Recycling Business situated on 2.7 acres with a rare Salvage Yard License. Currently operating as a salvage yard, this exceptional property offers a unique investment opportunity with multiple permitted commercial uses, including salvage yard, municipal sanitary landfill, and public utility yard. One of the few licensed motor vehicle salvage yards available in the area, making this a highly desirable offering for investors and owner-operators alike. The property includes three buildings designed for efficient operations. The main 2,400 sq. ft. concrete and metal building features 3 bay doors, 12-foot ceilings, and is equipped with 3 hoists for mechanical operations. The second building offers 1,826 sq. ft. with 3 bay doors, providing additional workspace and operational flexibility. The third building consists of 714 sq. ft. with 1 bay door, ideal for storage or support uses. The business is fully equipped with 2 hoists, an auto cycle car crusher, a Volvo BM 4WD heavy-duty front-end loader, machinery, and some inventory, all of which are negotiable, allowing the new owner to continue operations with minimal interruption. The 2.7-acre site provides ample land for expansion and future development. Commercial zoning offers flexibility for a variety of permitted uses, enhancing the long-term value of this investment. Ideally located on busy Highway #1, McDowell Rd East, Simcoe, with excellent visibility, strong exposure, and easy access. Directions: Green Corners, east of the intersection of Regional Road 10 and 9th. Easy to show. Motivated Seller. Rare opportunity to acquire one of the few licensed, rarely offered motor vehicle salvage yards in the area. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 118 days on market, against an average age of 81 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
This industrial in Norfolk is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,299,000, about 14.1× the local median household income of $92,000.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 176% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0E)
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