450 MAIN Street W , North Bay, Ontario P1B2V2

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For Sale

$1,250,000

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

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Lenka Eberhardt

Sales Representative

Phone: 705.472.2980

Mobile: 705.498.1128

Fax: 705.472.5421

Royal LePage Northern Life Realty, Brokerage (Independently owned and operated)

117 CHIPPEWA STREET
North Bay, ON P1B6G3

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450 MAIN Street W ,
North Bay, Ontario P1B2V2

$1,250,000