$1,499,900
209 King Street, West Nipissing, ON P2B 3B1
Property Description
Property type
Commercial Retail
Lot size
N/A
Style
Approx. Area
11592 Sqft
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.
Home Overview
Last updated
Apr 22
Virtual tour
None
Basement information
Building size
11592
Status
In-Active
Property sub type
Commercial Retail
Maintenance fee
$N/A
Year built
2025
Additional Details
Price Comparison
Location
Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - King Street
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