447 MAIN Street E Active Save Request In-Person Tour Request Virtual Tour
North Bay,ON P1B1B6
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
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
Parking Features No
View Y/N No
Building
Story 2
Sewer Municipal sewage system