Commercial listings / Investment / For sale

1650 Main Street W, North Bay, ON P1B 8G5

$5,800,000

Property type
Investment
Transaction
For sale
Location
North Bay, Nipissing
Building area
13,200 Square Feet
MLS® number
X13845222

Description

Welcome to 1650 Main Street West, A rare offering in a prominent North Bay location with Its MC Sp. 58 zoning permits a broad range of potential commercial uses. This high-exposure, freestanding retail property prominently positioned at the busy intersection of Main Street West and Gormanville Road, directly across from Lake Nipissing. Situated on just over one acre, the property offers approximately 132,00 sq.ft of versatile building space and 36 ground parking spaces, providing excellent visibility, accessibility and operational flexibility. The Vendor has invested $$$$$$$ in professional renovations and extensive upgrades completed to a high commercial standard. The property currently operates as an Asian grocery and specialty-products store and includes a dedicated meat-processing facility on the lower level. The existing configuration is well suited to food retail, distribution, processing and other related commercial operations. The building features substantial open retail space, storage areas, washrooms and service areas. Its MC Sp. 58 zoning permits a broad range of potential commercial uses, offering flexibility for an owner-operator, investor or business seeking a strategically located property with modern improvements, ample parking and strong street exposure. Buyers are advised to independently confirm their intended use with the appropriate municipal authorities. The sale may include both the real estate and the existing business, presenting an exceptional opportunity to acquire an established operation together with a highly visible commercial property.

Listing brokerage: FIRST CLASS REALTY INC.

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