189 MAIN ST new Save Request In-Person Tour Request Virtual Tour
West Nipissing / Nipissing Ouest,ON P2B 1P3
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 6,318 sqft
Price per Sqft $185
MLS Listing ID X11894798
Annual Tax Amount $9,468
Tax Year 2024
Property 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.
Location
Province ON
County Nipissing
Community Sturgeon Falls
Area Nipissing
Zoning C1
Region Sturgeon Falls
City Region Sturgeon Falls
Rooms
Basement Full
Kitchen 0
Interior
Cooling Unknown
Exterior
Parking Features Other
Garage Spaces 14.0
Pool None
Utilities Available Unknown
Roof Type Unknown
Total Parking Spaces 14
Building
Foundation Concrete Block
New Construction false
Others
Security Features Carbon Monoxide Detectors