710 GALT STREET, North Bay (Central)
Welcome to 710 Galt Street! Whether you’re buying your first…
$369,900
Laframboise Team North Bay and Area
Realty Executives | North Bay & Area
Laframboise Team North Bay and Area
Realty Executives | North Bay & Area
Laframboise Team North Bay and Area
Realty Executives | North Bay & Area
407 FERGUSON STREET, North Bay (Central)
407 FERGUSON STREET, North Bay (Central), Ontario, P1B1X3
$597,000
Description • 407 FERGUSON STREET, North Bay (Central)
Prime investment opportunity in the heart of North Bay’s downtown core. This mixed-use commercial and residential property offers a strong combination of stable income and long-term upside. The main level features a fully equipped restaurant space with a finished basement and two washrooms, secured with a long-term lease in place, providing immediate, reliable cash flow. The property also includes two well-maintained 1-bedroom residential units on the upper levels, adding diversified rental income. Strategically positioned on a high-exposure corner in one of the city’s busiest corridors, surrounded by established retailers, offices, and essential amenities, ensuring consistent foot traffic and tenant demand. Extensive renovations and upgrades have been completed throughout, showcasing quality finishes and reducing near-term capital expenditure. Income Highlights: Commercial Lease: $2,610/month + HST. Tenant pays 100% hydro (separately metered), 70% heat & water covered. Residential Unit: Currently rented at $1,400/month (all-inclusive). An additional residential unit offers further income potential. (id:54164)
Property on Map
Agents
Similar Properties
518 METCALFE STREET, North Bay (Central)
Welcome to 518 Metcalfe, the perfect opportunity for first time…
$339,000