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251-253 Regent Sudbury, Ontario p3c 4c6

Boiler, Hot Water

$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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