450 MAIN Street W, NORTH BAY

2024-05-24
 

Quick Summary

Location
450 MAIN Street W, NORTH BAY, Ontario P1B2V2
Price
$1,250,000 CAD
Status:
For Sale
Property Type:
Office
Area:
2548ft2
Year of Construction:
1989

MLS®#40593743

Property Description

Introducing 450 Main St W. 450 Main St. W - Discover an exceptional investment opportunity with this meticulously maintained commercial/residential mixed-use building. Featuring established commercial tenants on a 5-year lease and six fully occupied residential units, this property promises stable and lucrative returns. Situated in the vibrant West end of the downtown core, 450 Main St W boasts excellent visibility and is conveniently located within walking distance of downtown amenities and waterfront. Built in 1989, this all-brick, two-story building offers a 2,548 sq ft commercial space at the front, complemented by five 2-bedroom units and one 1-bedroom unit and 12 dedicated parking spots. Together, these units generate an impressive annual income of over $144,000. With numerous updates and a solid structure, this property is a valuable addition to any investment portfolio. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Basement Type: None
  • Exterior Finish: Brick, Concrete
  • Fireplace: No
  • Interior Size: 2548 sqft
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Paved driveway

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: C2

Information entered by Royal LePage Northern Life Realty, Brokerage
Listing information last updated on: 2024-07-05 18:51:02


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What is the deal exactly, with One Percent?

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