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$ 2,450,000

524 LAKESHORE Drive, North Bay, ON, P1A 2E4

Listing ID# 484404005727600
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$ 2,450,000

  • 524 LAKESHORE Drive
    North Bay, ON P1A 2E4
  • Listing ID 484404005727600
  • Building Type: Retail
  • Stories: 1
  • Space: 15400 sq ft
  • Status: For Sale/Active
  • Days on Market: 169
  • Rooms: 0

Property Description

524 Lakeshore Dr Commercial Retail Plaza with C5-sp2 zoning and four established long term tenants. Building is approximately 15,400 sqft on a 187 ft x 300 ft corner lot fronting on Lakeshore Dr and Marshall Park Dr. Solid returns CAM charged back to tenants in the amount of $94883.13, Gross $280077.81, Net Income $185194.68 when last unit is rented. One unit is vacant 2100 sqft and actively being marketed on MLS for lease at $13 per foot triple net and is included in the Gross Income analysis. All leases are triple Net, membrane roof under 10 yrs, multiple HVAC units, 3 phase electrical, multiple common area parking spaces.



Listing courtesy of REALTY EXECUTIVES Local Group Inc., Brokerage


352 LAKESHORE Drive, North Bay, ON
Retail
352 LAKESHORE Drive
North Bay
Listing courtesy of REALTY EXECUTIVES Local Group Inc., Brokerage
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