For Sale

$1,250,000

450 MAIN Street W , North Bay, Ontario P1B2V2

Remarks

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 $150,000. With numerous updates and a solid structure, this property is a valuable addition to any investment portfolio. (id:27)

Property Summary

  • Lot Frontage: 66.0 Feet
  • Lot Depth: 132.0 Feet
  • No. of Parking Spaces: 12
  • Built in: 1989
  • Zoning: C2

Property Features:

  • Amenities Nearby:
    Public Transit
  • Communication Type:
    High Speed Internet
  • Features:
    Paved driveway
  • Ownership Type:
    Freehold
  • Property Type:
    Office
  • Sewer:
    Municipal sewage system
  • Utility Type:
    Natural Gas - Available
  • Utility Type:
    Telephone - Available
  • Utility Type:
    Hydro - Available

Building Features:

  • Basement Type:
    None
  • Construction Material:
    Concrete block , Concrete Walls
  • Exterior Finish:
    Brick , Concrete
  • Fire Protection:
    Alarm system
  • Foundation Type:
    Poured Concrete

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