201 Nipissing Street, West Nipissing, Ontario P2B 1K4

Listed for:
$949,999
0 beds
0 baths
Listed 41 days ago
Commercial Mix for rent: 201 Nipissing Street, West Nipissing, Ontario P2B 1K4

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About

Opportunity knocks with this cash-flowing commercial investment offering exceptional income potential, with projected returns of over $10,000 per month after expenses. Whether you're expanding your portfolio, operating your own business, or looking for a multi-unit property with future upside, this opportunity offers incredible flexibility. This fully renovated 8,466 sq. ft. commercial building features 5 commercial units ready for lease, with versatile space suited to a variety of business uses. The slab-on-grade property has benefited from over $350,000 in upgrades, including electrical with 200-amp, 3-phase/single-phase service, plumbing, and HVAC systems. Constructed with durable masonry block, steel, and wood framing, the building offers multiple entrances, garage and storage areas, parking for up to 12 vehicles, and additional space for trailers, equipment, or deliveries. Inside, you'll find a modern reception and waiting area, multiple private units ready for occupancy or customization, several washrooms including a 3-piece bathroom, and a full kitchen/lunchroom. An accessible attic and partial basement provide even more storage. The flexible layout also offers potential for residential conversion of select units, subject to approvals, creating additional income possibilities. A rare opportunity to own a turnkey commercial property with strong cash flow, versatility, and long-term growth potential. (id:27476)

Property Highlights

MLS® Number
2129932
Type
Other
Ownership Type
Freehold
Land Size
IRR|under 1/2 acre

Building

Building Type
Commercial Mix
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
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 INC. (SUDBURY)
MLS® number:
2129932
Agent:
Josh Sarazin
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