251-253 Regent Sudbury, Ontario p3c 4c6
$849,900
Fully occupied Commercial / Residential building with approx. 5,520 Sq', situated on busy arterial road known as Regent Street. Market rent, potential to get a 7.2% +++ return. Offering the best zoning to accommodate a variety of business's from Professional Offices, restaurants, Clinic, Retail Store and many more uses. Current commercial tenants are a real estate office, hair salon and professional music school plus there are 2 large one bedroom apartments upstairs. Both commercial and residential tenants have been long term quality tenants. The Gas boiler was replaced in 2015 and both the flat roof and peaked roof were both professionally replaced in 2016. The newer addition built in 1972 is constructed of Steel , poured concrete and double block walls with i-beam supports. It will permit all walls to be removed in this 40 x 40 section of the building. There is plenty of parking in the parking lot plus street parking permitted in the area. Located on a main bus route , central to New Sudbury and the South End of the city. (id:3334)
Property Details
| MLS® Number | 2101156 |
| Property Type | Multi-family |
| Equipment Type | Water Heater - Gas |
| Farm Type | Mixed |
| Rental Equipment Type | Water Heater - Gas |
| Storage Type | Storage In Basement |
Building
| Basement Type | Full |
| Exterior Finish | Brick, Stucco, Vinyl |
| Fire Protection | Controlled Entry, Security System, Smoke Detectors |
| Flooring Type | Laminate, Tile, Vinyl |
| Foundation Type | Block, Concrete |
| Heating Type | Boiler, Hot Water |
| Roof Material | Asphalt Shingle,membrane |
| Roof Style | Unknown,unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) | |
| Paved Yard | |
| Rear |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/24314525/251-253-regent-sudbury
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May 16 2022 07:28:01
Sudbury Real Estate Board
Realty Executives Of Sudbury Ltd, Brokerage
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