209 King Street, West Nipissing | Image 1

209 King Street

West Nipissing, Sturgeon Falls

  • Commercial

$X,XXX,XXX
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: C1

  • Age: 31-50 years

  • Taxes: 16938.2

  • MLS®#: X11981231

  • Days on Site: 24 Days

  • Added: Feb 18, 2025 (1 month ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: RE/MAX CROWN REALTY (1989) INC

Investment Opportunity 209 King St in Sturgeon Falls. This turn-key, well maintained mixed use property features 6 residential apartments and 3 commercial units. 11,500 Total Sqft, parking for 20 cars, located in the commercial hub of the city. 5 of 6 apartments are vacant on closing, new owner can set their rates and choose tenants. Previously operated as an AIRBNB, all furnishings included in this offering. Strong commercial tenant base Pet Valu, 2/4/1 Pizza and La Vie En Couleur. Leases in place, available to qualified buyers. 2 car garage currently owner occupied can be used for additional income. 5 vacant apartments, Projected Gross Revenue : $223,290, Expenses: $73,687 Net Operating Income: $149,602.7

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 31-50

  • Area: West Nipissing

  • Community: Sturgeon Falls

  • Availability Date: TBA

  • Assessment Amount: $554,000

  • Assessment Year: 2025

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Elevator: None

  • UFFI: No

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 20

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 11 W/S KING ST, 11 E/S HOLDITCH ST PL 11 SPRING

  • Taxes: $16,938

  • Expenses: Est

  • Management Expense: 11165

  • Insurance Fee: 15954

  • Hydro Expense: 6781

  • Heat Expenses: 3950

  • Other Expenses: 1598

  • Taxes Type: Annual

  • Taxes: 16938

  • Tax Year: 2024

  • Water Fees: 10068

Land

  • Cross Street: Queen or William Str

  • Municipality District: West Nipissing

  • Sewer: Sanitary

  • Lot Depth: 264 Feet

  • Lot Frontage: 66 Feet

  • Zoning: C1

Commercial Specific

  • Rail: N

  • Retail Area: 10000

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 11592

  • Total Area Metric: Sq Ft

  • Office Size: 10000

  • Office Size Metric: Sq Ft

  • Days Open: V

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Soil Test: N

  • Financial Statement: Y

  • LLBO: N

Very Walkable

  • Most errands can be accomplished on foot.
78 /100

Bikeable

  • Some errands can be accomplished on bike.
54 /100
Map of 209 King Street, West Nipissing
JK-8

Our Lady of Sorrows Separate School

Elementary: Catholic
1.24 km
JK-8

École séparée Ste-Marguerite-d'Youville

Elementary: Catholic
15.21 km
JK-8

École publique Jeunesse-Active

Elementary: Public
0.98 km
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École séparée La Résurrection

Elementary: Catholic
0.93 km
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White Woods Public School

Elementary: Public
1.01 km
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École élémentaire catholique St-Joseph

Elementary: Catholic
0.94 km
9-12

École secondaire Northern

Secondary: Public
1.02 km
9-12

Northern Secondary School

Secondary: Public
1.02 km
9-12

École secondaire catholique Franco-Cité

Secondary: Catholic
0.57 km
9-12

École secondaire catholique Algonquin

Secondary: Catholic
36.00 km
9-12

Chippewa Secondary School

Secondary: Public
36.32 km
9-12

St Joseph-Scollard Hall Secondary School

Secondary: Catholic
36.61 km

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280 Nipissing Street, West Nipissing | MLS: X11961761
For Sale
1 month ago
$1,400,000
  • 0 bath
  • 0 bed

280 Nipissing Street, West Nipissing, Ontario • P2B 3B3 • Sturgeon Falls