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$ 850,000
Est. payment | /mo
8,000 SqFt
$ 850,000
Est. payment | /mo
8,000 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $106
MLS Listing ID X11905607
Annual Tax Amount $20,643
Tax Year 2024
Property Description
Welcome to an extraordinary opportunity to own a prime commercial property in the heart of downtown North Bay! This modernized 8,000-square-foot building, situated on a highly visible corner site in a bustling, high-traffic area, is perfect for businesses seeking maximum exposure. With an estimated gross Annual Income of $118,000, this property is a lucrative investment. The ground-level space features two separate offices that can be customized to suit your business needs, making it ideal for owner-occupiers and the second level is 4000 sf and has several offices and large windows allowing for some great views and natural sunlight work in. Enjoy the convenience of working from the comfort of your own space while taking advantage of the prime location to attract new clients and grow your business. Ample parking spaces are included, ensuring easy access for both employees and customers, which is difficult to find in any downtown neighborhood. Moreover, this property offers an exciting potential for expansion. The second level can be converted into residential units, transforming this property into a versatile mixed-use building. This unique feature allows for the creation of both commercial and residential spaces, maximizing the utility and profitability of the property.
Location
Province ON
County Nipissing
Community Central
Area Nipissing
Zoning C2
Region Central
City Region Central
Rooms
Basement None
Kitchen 0
Interior
Cooling Unknown
Exterior
Parking Features Other, Other
Garage Spaces 17.0
Pool None
Community Features Public Transit
Utilities Available Unknown
Roof Type Unknown
Lot Frontage 66.0
Lot Depth 132.0
Total Parking Spaces 17
Building
New Construction false
Others
Security Features Alarm System
Listed by REALTY EXECUTIVES Local Group Inc. Brokerage
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "