Property Details

240 MATTAWA Street, North Bay, Ontario

240 MATTAWA Street, North Bay, Ontario (ID 40072549)
Listing Representative
Sohail Rouhani portrait
Sohail Rouhani
Sales Representative
RE/MAX Legend Real Estate Inc., Brokerage - North Bay
Cell: 705-493-8999
Tel: 705-495-4555
Toll free: 866-569-4555
Website

$825,000 - For Sale

ID#:40072549

6000 SQ FT – Industrial Sprinklered Building with 3-Phase Wiring and 10 vehicle parking spots. Area A: 20’ x 75’x 11.5’H Workshop/Garage with O/H Door, Eye Wash Station & Small Hoist, Lg. Metal-top Workbench, overhead Gas Furnace, 2 Offices + storage Room Area B: 20’x75’x 11.5’H with Dock- Height Freight/Man Door, Over-Head Gas Furnace + Sink Area D: 20’’x45’’x11.5’H large office and a separate 10’x25’ office/work room. AREA C: 20’x80’x11.5’H Loft-type Living/Office with 2 bathrooms (1 with Jucuzzi tub), 2 Napoleon Gas Fireplaces, 2 great rooms with refrigerators, stoves and dishwashers, satellite hookups and fibe high speed internet, 3 bedrooms/offices, 1 laundry room with whirlpool side-by-side washer/ drier and 2 private entrances. Gated Outside Side Yard Area: 20’ x’95’, illuminated and 3-Phase Wiring and 120 amp. Excellent opportunity for owner/occupier needing shop and living space or an investor interested in getting started in industrial investments. There is market rent upside on Areas B & D (currently 40% below market). Current Net Operating Income $27,600 (with owner living in suite rent free) Projected Net Operating Income with Industrial Space at Market Rents + Owner Suite Rented $66,500. There may also be potential for a conversion to industrial style loft spaces. Many possibilities with this well maintained building – don’t pass this one by!

Property Details
  • Property Address:240 MATTAWA Street, North Bay, Ontario
  • Property Type:Commercial
  • Lot Size:99.00 x 82.00 99.00 ft Frontage
  • Acreage:Under 0.5 Acres
  • Sewage Type:Sewer
  • Water Type:Municipal
Structure Details for 240 MATTAWA Street, North Bay, Ontario
  • Structure Type:Commercial Retail
  • Heating Type:Fireplace-Gas, Forced Air, Gas, Unit Heater
  • Flooring:Concrete, Laminate
  • Exterior Type:Concrete
Amenities for 240 MATTAWA Street, North Bay, Ontario Accessory Apartment, Alarm System, Carbon Monoxide Detector(s), Public Washrooms
Listing Representative for 240 MATTAWA Street, North Bay, Ontario
Sohail Rouhani portrait
Sohail Rouhani
Sales Representative
RE/MAX Legend Real Estate Inc., Brokerage - North Bay
Cell: 705-493-8999
Tel: 705-495-4555
Tollfree: 866-569-4555
Website
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240 MATTAWA Street, North Bay, Ontario

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