173 King Street West Nipissing, Ontario P2B 1R6

8,859 sqft
None Forced Air

$749,900

Outstanding investment opportunity in the heart of Sturgeon Falls! This fully tenanted mixed-use property at 173 King St. features 2 commercial units and 6 residential apartments on a generous 66' x 132' lot just of Highway 17. Investors will appreciate the turn key potential of this solid asset with C1 zoning, which currently generates strong financial returns with a gross performance showing excellent revenue stability. The property completely eliminates parking headaches for tenants and patrons by featuring 12 dedicated spaces. Don't miss out on adding this high-yield commercial asset to your portfolio in the growing community of West Nipissing. Apartment #1: $779.57/month. Apartment #2: $2015/month. Apartment #3: $825.19/month. Apartment #4: $1000.89/month. Apartment #5: $1050/month. Apartment 6: $941.87/month. Commerce #1: $986/month. Commerce #2: $920.45/month. (id:49203)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X13537210
Property Type Multi-family
Community Name Sturgeon Falls

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 8,859 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 132 Ft
Size Frontage 66 Ft
Size Irregular 66 X 132 Ft
Size Total Text 66 X 132 Ft
Zoning Description C1

https://www.realtor.ca/real-estate/30004701/173-king-street-west-nipissing-sturgeon-falls-sturgeon-falls

Contact Us

Contact us for more information

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Natalie Paquin
Broker

(705) 493-3219

Century 21 Blue Sky Region Realty Inc., Brokerage
65c Queen St
Sturgeon Falls, Ontario P2B 2C7

(705) 753-5000

Dekker Team
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