1065 Main Street W Street, North Bay, ON P1B 2W9

North Bay P1B 2W9 Ontario

MLS: X12927542

$1,999,000

Added 2 hours ago | For Sale

Listed by: RE/MAX GARDEN CITY REALTY INC, BROKERAGE

About Property

Tenanted Commercial/Industrial property for sale. The building is 13,131 sqft on a lot size of 1.576 acres. The tenant has been operating out of the property since the 1960's, the location operates as a retail location as well as a distribution hub. The current lease is triple net and runs until the end of 2030 with options. This is a carefree lease to the landlord with the tenant self managing all maintenace and repairs (owner responsible for structural work only). There are 3 loading dock doors with parking for multiple full size trailers. At the end of 2025 the property had approximately $470,000 in capital work performed including, new roof, front facade brick work and warehouse structural beams fortified with steal and concrete bollards. Property is located just 175m from the shores of Lake Nipissing, bordering residential and industrial zones. Buyer to perform their own due diligence regarding future development with residential elements.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 256.43 X 205.85
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Timmins St.
  • Basement: ,
  • Possession Date:Flexible - Ideal would be the end of May 2026
  • Annual Property taxes: $16478.44
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12927542

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