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 |
Amenities/Features
- Level lot
- Flat site






























