104 Units For Sale! (Northern Ontario/ Value Add Potential)

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104 Units For Sale! (Northern Ontario/ Value Add Potential)

For Sale $ 14,000,000
LOCATION: North Bay Ontario Canada
CATEGORY: Commercial Real Estate
INDUSTRY: Apartment Buildings for Sale | Commercial Buildings for Sale or Lease
LISTING TYPE: Apartment Buildings for Sale | Commercial Properties for Sale | Multiplex for Sale

Amazing opportunity to own a large number of units in Northern Ontario! Check out that low unit price! Available for sale is a mixed use residential/ commercial building 75 percent of the building is residential but could be converted to 100 residential if new owner wanted to add an additional 25-30 units.

Many of the units have been fully renovated with the same finishes, providing a consistant feel throughot, remaining units to be renovated provide VALUE ADD potential for the new owner!

This building is over 75,000 swuare feet of combined residneital and commercial gross floor area and brings in close to $1.5 million per year in gross revenue!

This property is situated on a nearly 3 acres of land, proposed plan for new townhome construction of 30+ units with possible SDU's.

Opportunities to own this many units in one building do not become available very often. New owner can unlock all of the potential that this building has to offer!

This property can be discussed with endless conversations and has too much information to include in one advertisement!

Call Evan to discuss anytime!