Added 2 weeks ago
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Type: Sale Of Business
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Property Type: Commercial
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Zoning: C2
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Age: 51-99 years
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Taxes: 20643
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MLS®#: X11905607
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Days on Site: 1 Days
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Added: Jan 02, 2025 (2 weeks ago)
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Updated:
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Last Checked: 2 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
Property Type: Sale Of Business
Property Type: With Property
Age: 51-99
Area: North Bay
Community: Central
Availability Date: Flexible
Assessment Amount: $571,000
Assessment Year: 2021
Building
Basement: N
Elevator: None
UFFI: No
Water Supply: Municipal
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
Operating Fees: 48930
Hydro Expense: 944
Heat Expenses: 3844
Other Expenses: 5250
Tax Year: 2021
Land
Cross Street: Main street east to
Municipality District: North Bay
Parcel Number: 491650300
Sewer: Sewers
Lot Depth: 132 Acres
Lot Frontage: 66 Acres
Zoning: C2
Commercial Specific
Total Area: 8000
Total Area Metric: Sq Ft
Area Influence: Public Transit
Tangible Property Included: N
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
