Property Details

129 MAIN Street E, North Bay, Ontario, P1B1A9

129 MAIN Street E, North Bay, Ontario, P1B1A9 (ID 40239000)
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website

$1,100,000 - For sale

ID#:40239000

Great downtown building for a strong local investment. Produces an annual income of $132,317.04, Expenses (incl. PM, Vacancy, & R&M) are $71,033.47, giving a NET return of $61,283.57 & 5.57% CAP rate. There are 3 commercial units & 8 residential units off Oak street entrance (all units are fully tenanted). The Seller will entertain holding a VTB mortgage in second position, terms to be negotiated as part of offer. (id:2471)

Location DescriptionBetween Ferguson & Wyld Streets.

Property Details
  • Property Address:129 MAIN Street E, North Bay, Ontario, P1B1A9
  • Property Type:Office
  • Title:Freehold
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Water access
Structure Details for 129 MAIN Street E, North Bay, Ontario, P1B1A9
  • Heating Type:Hot water radiator heat
  • Storeys:2
  • Basement Type:Partial (Partially finished)
  • Cooling Type:None
  • Rental Equipment:Furnace, Water Heater
Amenities for 129 MAIN Street E, North Bay, Ontario, P1B1A9 Park/reserve, Laundry- Coin operated
  • Amenities Nearby:Park, Place of Worship, Playground, Public Transit, Shopping
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website
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129 MAIN Street E, North Bay, Ontario, P1B1A9

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