Turnkey Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades such as ESA report 2019, fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 2 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building. (id:13843)
MLS# | 40688913 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 3 |
Listing Provided By | REALTY EXECUTIVES Local Group Inc. Brokerage | MIKE BURMAN |
SQ Feet | 8,950 |
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Basement | Y |
Story(s) | 2 |
Zoning | M2 |
State | ON |
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City | North Bay |
Zip Code | P1B4M2 |
Community Name | West End |
Listing VS Median (in West End) | |
Price: $1,650,000 low | high Med: $389,000 SqFt: 8,950 low | high Med: 894 $ / SqFt: $184 low | high Med: $435 On Site: 3 low | high Med: 148.000000 |