Looking for an investment property with room for growth? This landmark building located on downtown's most vibrant block, is anchored by two solid main-floor commercial tenants with both front and back store access and the ability to develop an independent upper-floor apartment for additional cash flow. Back patio area accessible to the McIntyre St parking garage. The property has seen extensive renovations and improvements since 2020, both internally and externally. With the combination of solid long-term main floor tenants and building improvements, this is a great opportunity to add a stable and diverse investment with growth potential to one's portfolio. Building Expenses;-2025 Taxes: $8,161.49-DIA Fee: $1,106.28-W&S: $1,021.17-Hydro: (This includes heat as well) 158 Main (Main floor) $7,904.28 *Includes ovens for Cultures 156 Main (Upstairs) $394.38 (not in use mostly just delivery fee)-Building Insurance: $3,777 *Approx (id:35492)
| MLS® Number | X12616536 |
| Property Type | Multi-family |
| Community Name | Central |
| Age | 100+ Years |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Exterior | 2281 Sqft |
| Size Interior | 2,281 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 120 Ft ,8 In |
| Size Frontage | 18 Ft ,10 In |
| Size Irregular | Bldg=18.9 X 120.7 Ft |
| Size Total Text | Bldg=18.9 X 120.7 Ft |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/29178082/158-main-street-w-north-bay-central-central
Contact us for more information
David Weiskopf
Salesperson
(705) 474-4500