Homes for sale - 447 MAIN Street E, North Bay, ON P1B1B6

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$1,325,000

Est. payment - /mo

9,660 SqFt

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UPDATED:

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

Parking Features No

View Y/N No

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by EXP Realty Brokerage

+1(250) 882-3335

alex@victoriahomes.com

447 MAIN Street E North Bay, ON P1B1B6