245 MATTAWA ST new

Nipissing,ON P1B 4M2

$ 1650000

- Bed

- Bath

8950 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 8,950 sqft

Price per Sqft $184

MLS Listing ID X11917902

Annual Tax Amount $15,533

Tax Year 2024

Property Description

Turnkey Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades such as ESA report 2019, fire retrofit inspection 2019, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 2 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building.

Location

Province ON

County Nipissing

Community West End

Area Nipissing

Zoning M2

Region West End

City Region West End

Rooms

Basement Partial Basement

Kitchen 0

Interior

Cooling Unknown

Inclusions 5 fridges, 5 stoves, 4 built in all in one laundry machines

Exterior

Parking Features Other,Other

Garage Spaces 14.0

Pool None

Community Features Public Transit

Utilities Available Unknown

Roof Type Unknown

Lot Frontage 164.37

Lot Depth 37.0

Total Parking Spaces 14

Building

Lot Description Irregular Lot

Foundation Slab,Concrete Block

New Construction false

Others

Security Features Unknown

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