245 Mattawa ST Active

North Bay,ON P1B 4M2

$ 1590000

- Bed

- Bath

8950 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 8,950 sqft

Price per Sqft $177

Subdivision West End

MLS Listing ID X11928873

Annual Tax Amount $15,533

Tax Year 2024

Property Sub-Type Investment

Property Description

Turnkey Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades such as ESA report 2019, fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 2 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building.

Location

Province ON

County Nipissing

Community West End

Area Nipissing

Zoning M2

Interior

Cooling No

Inclusions Carbon Monoxide Detector, Hot Water Tank Owned, Smoke Detector, 5 fridges, 5 stoves, 4 built in all in one laundry machines

Exterior

Community Features Major Highway,Public Transit

Utilities Available Yes

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