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    For Sale - 160-164 MAIN Street, North Bay, Ontario

    Est payment $2,977/mo
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    Views   1
    Time on Jump  10 day

    AI Summary *

    • Solid investment with commercial retail space and residential apartments.
    • Two main-floor commercial units and three rented residential apartments.
    • Generates over 7.5% CAP rate, ensuring good returns.
    • Located in a prime downtown area with excellent visibility.
    • Convenient parking and separate access for tenants and supplies.




    **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 with established tenants and multiple revenue streams. Invest in downtown - commercial income downstairs, residential income upstairs. Located close to the downtown waterfront, kate pace way.
    Listing IDX13871740
    Address160-164 MAIN Street
    CityNorth Bay, Ontario
    Price$619,900
    Bed / Bath5 / 5 Full
    StyleOther, Multiplex
    ConstructionConcrete Block, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro MeterOutdoor Features Year Round LivingAmenities Arts Centre, Level, Public TransitOwnership FreeholdViews DowntownBasement Full, UnfinishedFoundation StoneHeating / Cooling WaterHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Brokerage: Century 21 Blue Sky Region Realty Inc., Brokerage

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    160-164 Main Street
    North Bay , Ontario
    5 5 $619,900
    Get more info