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:15069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X13537210 |
| Property Type | Multi-family |
| Community Name | Sturgeon Falls |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 8,859 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| 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 |
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