447 Main ST Pending

North Bay,ON P1B 1B6

$ 1325000

- Bed

- Bath

9660 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Pending

Purchase Type For Sale

Square Footage 9,660 sqft

Price per Sqft $137

MLS Listing ID X10429177

Annual Tax Amount $19,602

Tax Year 2024

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.

Location

Province ON

County Nipissing

Area Nipissing

Zoning C2

Interior

Cooling No

Exterior

Utilities Available Yes

Others

Security Features Yes

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