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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$619,900
Available - For Sale
Listing ID: X13871740
**PRIME DOWNTOWN INVESTMENT OPPORTUNITY** Looking for a solid investment property with both commercial retail space and residential income? This well-located downtown property offers an excellent combination of income, visibility and convenience. The building features 2 main-floor commercial retail units plus 3 residential apartments, all currently rented, providing immediate income for the new owner. With access from both Main Street East and McIntyre Street East, the property offers excellent flexibility, including a convenient rear entrance that is ideal for unloading supplies to the commercial units as well as separate rear access to the apartments. Additional highlights include: Currently producing over a 7.5% CAP rate 6 parking spaces - a major downtown bonus Recently updated storefront with a clean, modern appearance. All commercial and residential units are rented. Separate hydro meters Building has been municipally retrofitted Excellent Main Street exposure Convenient rear service and tenant access A strong opportunity for an investor looking for a mixed-use income property in a prime downtown location established tenants and multiple revenue streams. Invest in downtown - commercial income downstairs, residential income upstairs. Located close to the downtown waterfront, Kate pace way.
Price $619,900
Taxes: $8,763
Assessment Year: 2026
Occupancy by: Tenant
Address: 160-164 MAIN Street East , North Bay, P1B 1A8, Nipissing
Directions/Cross Streets: Main St E - Between Wyld & Ferguson
Rooms: 14
Bedrooms: 5
Bedrooms +: 0
Washrooms: 5
Family Room: F
Basement: Full
Unfinished
No. of Pieces Level
Washroom 1:  2 Ground
Washroom 2:  2 Ground
Washroom 3:  3 Second
Washroom 4:  3 Second
Washroom 5:  3 Second
Washroom 6:  2 Ground
Washroom 7:  2 Ground
Washroom 8:  3 Second
Washroom 9:  3 Second
Washroom 10:  3 Second
Property Type: Multiplex
Style: Other
Exterior: Concrete Block
Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3000-3500
Property Features: Arts Centre
Level
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Century 21 Blue Sky Region Realty Inc., Brokerage

160-164 MAIN Street East , North Bay, P1B 1A8, Nipissing

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Nipissing
Municipality: North Bay
Neighbourhood: Central
Style: Other
Lot Size: x 132.00(Feet)
Approximate Age: 51-99
Tax: $8,763
Maintenance Fee: $0
Beds: 5
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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