




This other in West Nipissing is available for your consideration. The home features forced air heating.
Cap rate sitting at over 8% with a return on investment exceeding $10,000 per month after expenses—this is a standout opportunity for savvy investors. With 5 units available for commercial lease, the property offers strong income potential and flexibility for a variety of business uses. Presenting a fully renovated 8,466 sq. ft. commercial building designed for both functionality and long-term value. This slab-on-grade property has undergone over $350,000 in recent upgrades, including complete electrical (200 amp, 3-phase/single-phase), plumbing, and HVAC systems. Constructed with durable masonry block and a combination of steel and wood framing, the building features multiple entry points, garage and storage areas, and parking for up to 12 vehicles, with additional space to accommodate large deliveries or trailers. Inside, you’ll find a modern open-concept reception and waiting area, multiple private units ready for lease or customization, several washrooms (including a 3-piece), as well as a full kitchen and lunchroom. The layout also presents the potential to convert select units into residential spaces (subject to approvals), adding another layer of value and income diversification. An accessible attic and partial basement provide additional storage options. Located in West Nipissing, this turn-key property delivers scale, upgrades, and versatility—ideal for investors or owner-operators looking to maximize returns. (id:60351)
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Listed by JOSH SARAZIN, RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
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Listing represented by JOSH SARAZIN, RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY) · MLS# 2127267
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.