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450 MAIN

Central | North Bay

$1,250,000.00

Listed 5 months ago

  • - bed
  • - bath
  • 2,548 sqft
  • 12 parking
  • Office

Property history

  • Now
    Listed on May 24, 2024

    Listed for $1,250,000.00

    137 days on market

Location & area

Schools nearby

Home Details

Description
Introducing 450 Main St W. 450 Main St. W - Discover an exceptional investment opportunity with this meticulously maintained commercial/residential mixed-use building. Featuring established commercial tenants on a 5-year lease and six fully occupied residential units, this property promises stable and lucrative returns. Situated in the vibrant West end of the downtown core, 450 Main St W boasts excellent visibility and is conveniently located within walking distance of downtown amenities and waterfront. Built in 1989, this all-brick, two-story building offers a 2,548 sq ft commercial space at the front, complemented by five 2-bedroom units and one 1-bedroom unit and 12 dedicated parking spots. Together, these units generate an impressive annual income of over $144,000. With numerous updates and a solid structure, this property is a valuable addition to any investment portfolio. (id:39198)
Additional media
-
Property taxes
$5,900.00 per year / $491.67 per month
Basement
None
Year build
1989
Type
Office
Bedrooms
null
Bathrooms
null
Parking spots
12 Total
Floor
-
Balcony
-
Pool
-
External material
Concrete | Brick
Roof type
-
Lot frontage
-
Lot depth
-
Heating
-
Fire place(s)
-

    Listing Brokerage

    MLS® Listing
    40593743
    Brokerage
    Royal LePage Northern Life Realty, Brokerage

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