450 Main Street W North Bay, Ontario P1B 2V2
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$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:58072)
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
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 05 2024 06:51:02
North Bay Real Estate Board
Royal LePage Northern Life Realty, Brokerage