450 Main Street W North Bay, Ontario P1B 2V2
$1,250,000
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:58043)
Property Details
| MLS® Number | 40593743 |
| Property Type | Office |
| AmenitiesNearBy | Public Transit |
| CommunicationType | High Speed Internet |
| Features | Paved Driveway |
| ParkingSpaceTotal | 12 |
Building
| BasementType | None |
| ConstructedDate | 1989 |
| ConstructionMaterial | Concrete Block, Concrete Walls |
| ExteriorFinish | Brick, Concrete |
| FireProtection | Alarm System |
| FoundationType | Poured Concrete |
| StoriesTotal | 2 |
| SizeExterior | 2548.0000 |
| SizeInterior | 2548 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 132 Ft |
| SizeFrontage | 66 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C2 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26939509/450-main-street-w-north-bay
Interested?
Contact us for more information
Lenka Eberhardt
Salesperson
117 Chippewa Street West
North Bay, Ontario P1B 6G3
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July 05 2024 06:51:02
North Bay Real Estate Board
Royal LePage Northern Life Realty, Brokerage