402 Frood Road, Sudbury, Ontario P3C 4Z8

Listed for:
$639,900
0 beds
0 baths
Listed 11 days ago
Offices for rent: 402 Frood Road, Sudbury, Ontario P3C 4Z8

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About

Excellent investment opportunity with this commercial/residential building in a prime location. The main floor offers a flexible office layout with 7 offices, currently rented for $2,000/month on a triple-net basis (tenant also pays taxes, utilities, and insurance for the entire building). There is opportunity to increase rent. All interior office walls are non-load-bearing, allowing for maximum customization to suit future needs. The upper level, with a separate entrance, features two apartments: a 2-bedroom unit renting for $1,650/month and a loft-style open-concept apartment renting for $850/month, both on month-to-month leases, utilities included. The building is a former TD Bank, exceptionally well-built. Current owner occupies the main level and is willing to stay as a tenant for at least three more years, or vacate if buyer wishes to occupy. Vendor is also willing to consider a VTB (Vendor Take-Back) for qualified buyers. (id:27476)

Property Highlights

MLS® Number
2126342
Type
Other
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Building Type
Offices
Amenities
Shared Laundry, Shopping Area, Storefront, Vaulted Ceiling
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Boiler
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
MLS® number:
2126342
Agent:
Keandra Beauvais
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