209 King Street, West Nipissing, Ontario P2B 3B1

Listed for:
$1,659,000
0 beds
0 baths
Listed 41 days ago
209 King Street, West Nipissing, Ontario P2B 3B1

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Learn more about this property
Listing provided by:
RE/MAX CROWN REALTY (1989) INC
MLS® number:
X11981231
Agent:
Tucker Roy
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About

Queen or William Street 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 (id:27476)

Property Highlights

MLS® Number
X11981231
Type
Retail
Community Name
Sturgeon Falls
Land Size
66 x 264 FT
Parking Space Total
20

Building

Square Footage
11592 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location