Property Details

240 MATTAWA Street, North Bay, Ontario, P1B4M3

240 MATTAWA Street, North Bay, Ontario, P1B4M3 (ID 40072549)
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website

$825,000 - For sale

ID#:40072549

6000 SQ FT Industrial Sprinklered Building with 3-Phase Wiring and 10 vehicle parking spots. Area A: 20 x 75x 11.5H Workshop/Garage with O/H Door, Eye Wash Station & Small Hoist, Lg. Metal-top Workbench, overhead Gas Furnace, 2 Offices + storage Room Area B: 20x75x 11.5H with Dock- Height Freight/Man Door, Over-Head Gas Furnace + Sink Area D: 20x45x11.5H large office and a separate 10x25 office/work room. AREA C: 20x80x11.5H Loft-type Living/Office with 2 bathrooms (1 with Jucuzzi tub), 2 Napoleon Gas Fireplaces, 2 great rooms with refrigerators, stoves and dishwashers, satellite hookups and fibe high speed internet, 3 bedrooms/offices, 1 laundry room with whirlpool side-by-side washer/ drier and 2 private entrances. Gated Outside Side Yard Area: 20 x95, illuminated and 3-Phase Wiring and 120 amp. Excellent opportunity for owner/occupier needing shop and living space or an investor interested in getting started in industrial investments. There is market rent upside on Areas B & D (currently 40% below market). Current Net Operating Income $27,600 (with owner living in suite rent free) Projected Net Operating Income with Industrial Space at Market Rents + Owner Suite Rented $66,500. There may also be potential for a conversion to industrial style loft spaces. Many possibilities with this well maintained building dont pass this one by! (id:2471)

Location DescriptionMain St. to Mattawa

Property Details
  • Property Address:240 MATTAWA Street, North Bay, Ontario, P1B4M3
  • Property Type:Other
  • Title:Freehold
  • Lot Size:0.189
  • Acreage:0.189 ac|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 240 MATTAWA Street, North Bay, Ontario, P1B4M3
  • Heating Type:Natural gas, Forced air
  • Storeys:1
  • Flooring:Concrete, Laminate
  • Basement Type:None
  • Foundation Type:Unknown
  • Rental Equipment:None
  • Exterior Type:Concrete
Amenities for 240 MATTAWA Street, North Bay, Ontario, P1B4M3 Recreational
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website
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Listing Office: RE/MAX Legend Real Estate Inc., Brokerage (138)

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240 MATTAWA Street, North Bay, Ontario, P1B4M3

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