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160-164 MAIN STREET E, North Bay (Central)

5 BEDS · 5 BATHS · 3000 - 3500 sqft

$619,900

**PRIME DOWNTOWN INVESTMENT OPPORTUNITY** Looking for a solid investment property with both commercial retail space and residential income? This well-located downtown property offers an excellent combination of income, visibility and convenience. The building features 2 main-floor commercial retail units plus 3 residential apartments, all currently rented, providing immediate income for the new owner. With access from both Main Street East and McIntyre Street East, the property offers excellent flexibility, including a convenient rear entrance that is ideal for unloading supplies to the commercial units as well as separate rear access to the apartments. Additional highlights include: Currently producing over a 7.5% CAP rate 6 parking spaces - a major downtown bonus. Recently updated storefront with a clean, modern appearance. All commercial and residential units are rented. Separate hydro meters. Building has been municipally retrofitted. Excellent Main Street exposure. Convenient rear service and tenant access. A strong opportunity for an investor looking for a mixed-use income property in a prime downtown location with established tenants and multiple revenue streams. Invest in downtown - commercial income downstairs, residential income upstairs. Located close to the downtown waterfront, Kate pace way.

General Info


MLS Listing ID: X13871740 Bedrooms: 5 Bathrooms: 5 Year Built: 0
Listing Type: Multi-family Half Baths: 2 Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Stone Roof: N/A Title To Land: N/A Parking Space Total: 5
Parking: No Garage Heating: N/A Size: 3000 - 3500 sqft Air Conditioning : None
Home Style: N/A Finished Floor Area: N/A Fireplaces: Smoke Detectors Basement: Full (Unfinished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A
Listed BY: DENNIS MONG, Century 21 Blue Sky Region Realty Inc., Brokerage

Amenities/Features


  • Level lot
  • Flat site

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