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Last Updated : 370 Days ago
447 Main St, North Bay, Ontario,

447 Main St, North Bay MLS Number: X10429177

North Bay, Nipissing, ON, P1B 1B6

$1,325,000

Status: OFF MARKET

  • Property Type: Commercial (Commercial)
  • Property Taxes : $19602.82 (Tax Year:2024)
  • Listing Courtesy : Exp Realty

447 Main St Property Description

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.

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447 Main St Property Facts

Property Type :Commercial
MLS Number :X10429177
Listing Type :Sale
Possession Date :
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Last Updated :29 Nov, 2024 (370 Days ago)
Source :TRREB
Area :Nipissing
Postal Code : P1B 1B6
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447 Main St Property Price & Tax Insights

Price : $1,325,000
Property Taxes :$19602.82
Tax Year :2024

447 Main St, North Bay Property Details

Cross Street :On Main between Fisher Street and Regina

447 Main St, North Bay - Price History

2024-11

18 Nov, 2024

TREB #X10429177

Available

$1325000.0

447 Main St - Location Map and Landmarks

  • North Bay Regional Health Center, Nipissing 4.45 km
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