Property Details

524 Lakeshore Drive , North Bay Ontario, P1A2E4

524 Lakeshore Drive , North Bay Ontario
Representative
Maxine Quenneville portrait
Maxine Quenneville
Sales Representative
RE/MAX Crown Realty (1989) Inc. Brokerage - Sudbury
Cell: 705-691-7698
Tel: 705-560-5650
Toll free: 800-601-8601

$2,450,000 - For sale

MLS®: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.

Virtual Tour Property Details
  • Property Type:Retail
  • Lot Size:187.01 FT X 300 FT
  • Acreage:187.01 FT X 300 FT|1 - 3 acres
Structure Details
  • Structure Style:Retail
  • Square Footage:15400 sqft
  • Heating Type:Electric, Natural gas
Amenities Corner Site, See remarks, Visual exposure
Representative
Maxine Quenneville portrait
Maxine Quenneville
Sales Representative
RE/MAX Crown Realty (1989) Inc. Brokerage - Sudbury
Cell: 705-691-7698
Tel: 705-560-5650
Tollfree: 800-601-8601
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Listing Office: REALTY EXECUTIVES Local Group Inc., Brokerage

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