201 Nipissing Street West Nipissing, Ontario P2B 1K4
$949,999
Opportunity knocks with this cash-flowing commercial investment offering exceptional income potential, with projected returns of over $10,000 per month after expenses. Whether you're expanding your portfolio, operating your own business, or looking for a multi-unit property with future upside, this opportunity offers incredible flexibility. This fully renovated 8,466 sq. ft. commercial building features 5 commercial units ready for lease, with versatile space suited to a variety of business uses. The slab-on-grade property has benefited from over $350,000 in upgrades, including electrical with 200-amp, 3-phase/single-phase service, plumbing, and HVAC systems. Constructed with durable masonry block, steel, and wood framing, the building offers multiple entrances, garage and storage areas, parking for up to 12 vehicles, and additional space for trailers, equipment, or deliveries. Inside, you'll find a modern reception and waiting area, multiple private units ready for occupancy or customization, several washrooms including a 3-piece bathroom, and a full kitchen/lunchroom. An accessible attic and partial basement provide even more storage. The flexible layout also offers potential for residential conversion of select units, subject to approvals, creating additional income possibilities. A rare opportunity to own a turnkey commercial property with strong cash flow, versatility, and long-term growth potential. (id:47351)
Property Details
| MLS® Number | 2129932 |
| Property Type | Other |
| Equipment Type | Unknown |
| Rental Equipment Type | Unknown |
Building
| Heating Type | Forced Air |
| Type | Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | Irr |
| Size Total Text | Irr|under 1/2 Acre |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/30183431/201-nipissing-street-west-nipissing
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 21 2026 04:15:54
Sudbury Real Estate Board