361 Main Street E, North Bay, ON P1B 9M2

North Bay P1B 9M2 Ontario

MLS: X12230109

$2,500,000

Added 41 days ago | For Sale

Listed by: Century 21 Blue Sky Region Realty Inc., Brokerage

About Property

Rare Commercial Opportunity Downtown Entertainment Complex for Sale. Take advantage of this exceptional opportunity to own a well-established, two-story commercial property in the heart of the citys downtown core. Currently operating as the only 5-pin bowling center in the area, this versatile building also includes a billiard hall, licensed bar, and restaurant, making it a fully equipped entertainment hub. Offering approximately 45,000 sq ft of total space, the property includes: Two floors of 15,000 sq ft each, ready for immediate business operations, 36-car underground parking garage, dual access from Main Street and Oak Street for high visibility and customer convenience. This turnkey business is well-maintained and financially sound, with flexible purchasing options available choose either a share sale or asset sale. Financial statements are available for qualified, serious buyers. Whether you're an investor or a multi-family entrepreneur, this is an ideal opportunity with guaranteed income from long-standing sanctioned bowling and pool leagues. CAP Rate: 7%+ on building alone and or Up to 18% plus return with business included. It's truly a one-of a kind property and investment.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 198 X 132
  • Water:Municipal
  • Garage Spaces: /Underground
  • Driveway:
  • Heating Fuel:
  • Cross Street:Fisher St.
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $62000
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12230109

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.