Outstanding investment opportunity in the heart of Sturgeon Falls! This fully tenanted mixed-use property at 173 King St. features 2 commercial units and 6 residential apartments on a generous 66' x 132' lot just of Highway 17. Investors will appreciate the turn key potential of this solid asset with C1 zoning, which currently generates strong financial returns with a gross performance showing excellent revenue stability. The property completely eliminates parking headaches for tenants and patrons by featuring 12 dedicated spaces. Don't miss out on adding this high-yield commercial asset to your portfolio in the growing community of West Nipissing. Apartment #1: $779.57/month. Apartment #2: $2015/month. Apartment #3: $825.19/month. Apartment #4: $1000.89/month. Apartment #5: $1050/month. Apartment 6: $941.87/month. Commerce #1: $986/month. Commerce #2: $920.45/month.
Details
MLS #
X13537210
Listing Type
For Sale
Sub-Type
Resale
Status
New
Year
0
Days On Site
43
Listing Provided By
Century 21 Blue Sky Region Realty Inc., Brokerage | X13537210 544303
Features
SQ Feet
8,859
Acreage
0.20
Interior
Cooling
No
Exterior
Security Features
No
Utilities
Utilities
Yes
Sewer
Sanitary
Taxes
Tax Annual Amount
6412.79
Tax Type
Annual
Tax Legal Description
LT 17 W/S KING ST PL 11 SPRINGER S/T NB158959; WEST NIPISSING ; DISTRICT OF NIPISSING
Tax Year
2025
Area Information
Province
ON
County
Nipissing
City
West Nipissing
Postal Code
P2B 1R6
Area
Sturgeon Falls
Listing VS Median (in P2B 1R6)
Price: $749,900
low | high
Med: $749,900
50% of Average
sqft: 8,859
low | high
Med: 8,859
50% of Average
$ / sqft: $85
low | high
Med: $85
50% of Average
On site: 43
low | high
Med: 43
100% of Average
Sourced by Back At You
MLS Number: X13537210
X13537210 544303
Century 21 Blue Sky Region Realty Inc., Brokerage
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