1 of 48 - 209 King Street, West Nipissing (sturgeon Falls), Ontario
2 of 48 - 209 King Street, West Nipissing (sturgeon Falls), Ontario
3 of 48 - 209 King Street, West Nipissing (sturgeon Falls), Ontario
4 of 48 - 209 King Street, West Nipissing (sturgeon Falls), Ontario
5 of 48 - 209 King Street, West Nipissing (sturgeon Falls), Ontario
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209 King Street, West Nipissing (sturgeon Falls), Ontario

$1,499,900

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9

Baths

11,592

Square feet

0.41

Acres

About 209 King Street

10% Cap Rate - 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: $149,602.70. (id:6289)

Features of 209 King Street

Listing # X12313543
Price $1,499,900
Bathrooms 9.00
Square Footage 11,592
Acres 0.41
Type Retail

Community Information

Address 209 King Street
Subdivision Sturgeon Falls
City West Nipissing (sturgeon Falls)
Province Ontario
Postal Code P2B3B1

Amenities

Parking Spaces 20
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Alarm System, Washer
Heating Natural gas Hot water radiator heat
Cooling Partially air conditioned
Fireplace No
Has Basement No

Listing Details

OfficeRE/MAX CROWN REALTY (1989) INC

Listing Map

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