524 LAKESHORE Drive, North Bay, ON, P1A 2E4Listing ID# 484404005727600
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