447 Main Street E, North Bay, Ontario

$1,325,000

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9,660

Square feet

About 447 Main Street E

This income-generating property on the east side of Downtown North Bay features ten updated residential units (nine 1-bed and one 2-bed) with secure entry and shared laundry. The commercial unit, currently leased to a local antique shop, provides stable rental income on a 3-year term. The property generates $176,596.00 annually, with additional value-add potential through further unit improvements. Documentation includes a 2017 fire inspection, recent survey, updated rent roll, and financials for 2024. Constructed with concrete block walls, steel beams, hot water heating, and a membrane roof. This is a strong investment in a convenient North Bay location. (id:36535)

Features of 447 Main Street E

Listing # 40676155
Price $1,325,000
Bathrooms 0.00
Square Footage 9,660
Acres 0.00
Type Office
Sub-Type Freehold

Community Information

Address 447 Main Street E
Subdivision Central
City North Bay
Province Ontario
Postal Code P1B1B6

Amenities

Amenities Public Transit
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Listing Details

OfficeCourtesy Of Daryl Babineau Of EXP Realty Brokerage

Listing Map