209 King Street Image 1

$1,659,000

Feb 20Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #X11981231

209 King Street, West Nipissing, ON P2B 3B1

0
Similar Homes Found
$0
Average Price
165900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 209 King Street

Investment Opportunity 209 King St in Sturgeon Falls. This turn-key, well maintained mixed use property features 6 residential apartments and 3 commercial units. 11,500 Total Sqft, parking for 20 cars, located in the commercial hub of the city. 5 of 6 apartments are vacant on closing, new owner can set their rates and choose tenants. Previously operated as an AIRBNB, all furnishings included in this offering. Strong commercial tenant base Pet Valu, 2/4/1 Pizza and La Vie En Couleur. Leases in place, available to qualified buyers. 2 car garage currently owner occupied can be used for additional income. 5 vacant apartments, Projected Gross Revenue : $223,290, Expenses: $73,687 Net Operating Income: $149,602.7

Home Overview

Last updated

Mar 14

Virtual tour

None

Basement information

Building size

11592

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2025

Listed by RE/MAX CROWN REALTY (1989) INC

Additional Details

Basement:N/A
Cooling:Partial
Heating:Gas Hot Water
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$6336.26/ month
$1,327,200 Principal and Interest
$1,592,640 Property Taxes

Location

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Walk Score for 209 King Street

Some information about this property - King Street

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