65 Larch Street, Sudbury, Ontario P3E 1B8

Listed for:
$3,900,000
0 beds
0 baths
Listed 65 days ago
Commercial Mix for rent: 65 Larch Street, Sudbury, Ontario P3E 1B8

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About

Explore the opportunities for a solid investment at 65 Larch Street. For almost 40 years, this property has been one of Sudbury’s established medical destinations, offering pharmacy and medical laboratory services, along with a broad range of healthcare services—from cardiology to optometry. The building also features an on-site restaurant and other convenient amenities.The entire building has undergone an exterior facelift in recent years and is in excellent overall condition. Parking is available both on the street and in the landlord-owned rear parking lot, which currently provides approximately 80 spaces, with potential for a future multi-level parking structure.This property presents an excellent opportunity for an investor or an owner-user looking to occupy a portion of the building. The Seller has also secured a commitment from the City through the CIP program toward a potential multi-residential conversion involving floors two, three and four, or a combination thereof. Additional financial incentives may also be available. For the right qualified purchaser, the Seller may consider a Vendor Take-Back Mortgage with a reasonable down payment, at a competitive interest rate, for a term of up to five years. Terms are subject to negotiation and Seller approval. Contact the Listing Realtors for further details. (id:27476)

Property Highlights

MLS® Number
2129397
Type
Office
Ownership Type
Freehold
Land Size
IRREGULAR|1 - 3 acres

Building

Building Type
Commercial Mix
Amenities
Catering/Food Sales
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
MLS® number:
2129397
Agent:
Paul Kusnierczyk
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