8
See all 8 photos
$1,325,000
Est. payment /mo
9,660 SqFt
Pending
447 Main ST North Bay, ON P1B 1B6
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UPDATED:
11/29/2024 10:41 PM
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
Listed by EXP REALTY
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