Added 4 weeks ago
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Type: Office
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Property Type: Commercial
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Business Type: Other
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Zoning: C2
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Age: No Data
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Taxes: 20643
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MLS®#: X11937107
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Added: Jan 23, 2025 (4 weeks ago)
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Updated:
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Last Checked: 4 hours ago
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Listed By: REALTY EXECUTIVES Local Group Inc. Brokerage
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.
Property
Status: Sale
Type: Other
Property Type: Office
Property Type: Office
Net Income: 63170
Area: North Bay
Community: Central
Availability Date: Flexible
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Gas Forced Air Closd
Elevator: None
Freestanding: Y
Outside Storage: N
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 8
Fees
Tax Year: 2024
Tax Legal Description: LT 34 PL 10 WIDDIFIELD; NORTH BAY; DISTRICT OF NIPISSING
Taxes: $20,643
Expenses: Est
Management Expense: 8400
Insurance Fee: 4856
Hydro Expense: 943
Heat Expenses: 3843
Taxes Type: Annual
Taxes: 20643
Water Fees: 967
Land
Cross Street: Fisher Street
Municipality District: North Bay
Parcel Number: 491650300
Lot Depth: 132 Feet
Lot Frontage: 66 Feet
Zoning: C2
Commercial Specific
Sprinklers: N
Total Area: 8000
Total Area Metric: Sq Ft
Office Size: 8000
Office Size Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Lot Code: Lot
Survey: N
Building Percent: 100
Financial Statement: Y
Gross Income/Sales: 118000
Mother St Bride School
Elementary: CatholicÉcole séparée Saint-Vincent
Elementary: CatholicÉcole secondaire catholique Algonquin
Elementary: CatholicSt Hubert Separate School
Elementary: CatholicSt. Luke Separate School
Elementary: CatholicAlliance French Immersion Public School
Elementary: PublicÉcole secondaire publique Odyssée
Secondary: PublicWest Ferris Secondary School
Secondary: PublicÉcole secondaire catholique Algonquin
Secondary: CatholicChippewa Secondary School
Secondary: PublicWiddifield Secondary School
Secondary: PublicSt Joseph-Scollard Hall Secondary School
Secondary: Catholic
