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$1,175,000
Status: For Sale
189 Main Street (Sturgeon Falls) - Excellent investment opportunity located in the heart of Sturgeon Falls! This property features 2 commercial spaces fully rented, 2 1-bedroom apartments, 2 2-bedroom apartments and a 3 bedroom apartment. This investment brings in fantastic revenue with most leases plus utilities. There are separate gas and hydro meters for every unit. The main electrical cable was upgraded to 400 amps in 2022 from Sudbury Hydro. The 2-2 bedroom apartments and 1-3 apartment are newly built in 2022 from a former commercial space with new heat pumps added in these units for energy efficiency. New roof in 2022. Potential for more revenue would be to convert the basement, which has its own entrance, into storage spaces. Come and see this great property to add to your portfolio. Listed at $1,175,000.
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40680942 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :18 Dec, 2024 (3 Days ago) |
| Source | :North Bay |
| Area | :Nipissing |
|---|---|
| City | :Sturgeon Falls |
| Area Major | :West Nipissing |
| Area Minor | :Sturgeon Falls/Cache Bay/Crystal Falls |
| Postal Code | :
P2B 1P3
|
| Directions | :From Front St (Highway 17), turn north onto Main St. |
| Price | : $1,175,000 |
|---|---|
| Property Taxes | :$9468.09 |
| Tax Year | :2024 |
|---|
| Place of Worship | :No |
|---|---|
| Cross Street | :William St |
| Approx Square Footage | :6318 sqft |
|---|
17 Dec, 2024
TREB #40680942
Listed
$1175000
