$ 1,325,000
447 MAIN Street E North Bay, ON P1B1B6
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$ 1,325,000
Est. payment | /mo
9,660 SqFt
$ 1,325,000
Est. payment | /mo
9,660 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 9,660 sqft
Price per Sqft $137
Subdivision Central
MLS® Listing ID 40676155
Originating Board Barrie & District Association of REALTORS® Inc.
Property Description
This income-generating property on the east side of Downtown North Bay features ten updated residential units (nine 1-bed and one 2-bed) with secure entry and shared laundry. The commercial unit, currently leased to a local antique shop, provides stable rental income on a 3-year term. The property generates $176,596.00 annually, with additional value-add potential through further unit improvements. Documentation includes a 2017 fire inspection, recent survey, updated rent roll, and financials for 2024. Constructed with concrete block walls, steel beams, hot water heating, and a membrane roof. This is a strong investment in a convenient North Bay location. (id:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXP Realty Brokerage