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CAONWest Nipissing209 King Street
209 King Street, Home with 0 bedrooms, 9 bathrooms and 20 parking in West Nipissing ON | Image 1
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$1,499,900
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209 King Street, West Nipissing, ON

Real Estate

For Sale

$X
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0920
  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees $5,582
Taxes $16,938
Days Active 58
Approx. Age 
MLS® Number X12095105

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® NumberX12095105
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas Hot Water
A/CPartial
Heating Fuel

Extras

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