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West Nipissing
189 MAIN Street
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189 MAIN Street $1,175,000
3 days ago
$1,175,000
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189 MAIN Street
Sturgeon Falls, Ontario P2B1P3

MLS® Number: 40680942

Listing Description

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. (68422937)

Location Description

From Front St (Highway 17), turn north onto Main St.

Property Summary

Property Type
Office
Storeys
1
Subdivision Name
Sturgeon Falls/Cache Bay/Crystal Falls
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$9,468.09
Total Parking Spaces
14
Time on REALTOR.ca
3 days

Building

Interior Features
Basement Type
Full
Building Features
Features
Visual exposure, Crushed stone driveway
Foundation Type
Block
Rental Equipment
Water Heater
Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick Veneer
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Hospital, Schools
Parking
Total Parking Spaces
14

Measurements

Square Footage
6318 sqft
Exterior Building Size
6318 sqft

Land

Lot Features
Frontage
103 ft
Land Depth
132 ft
Other Property Information
Zoning Description
C1
Data provided by: North Bay and Area REALTORS® Association 1281 Cassells Street, North Bay, Ontario P1B 4B8
705-753-1155
705-753-5218
REALTOR® Website
Email
Book showing
Page & Associates Realty, Brokerage
59 Front Street
STURGEON FALLS, Ontario P2B2G8
705-753-1155
705-753-5218
Office Website
705-477-4320
705-753-5218
REALTOR® Website
Email
Book showing
Page & Associates Realty, Brokerage
59 Front Street
STURGEON FALLS, Ontario P2B2G8
705-753-1155
705-753-5218
Office Website
MICHAEL PAGE