160-164 MAIN Street E, North Bay, ON P1B 1A8
North Bay, ON, P1B 1A8 · Central
About this property
**PRIME DOWNTOWN INVESTMENT OPPORTUNITY** Looking for a solid investment property with both commercial retail space and residential income? This well-located downtown property offers an excellent combination of income, visibility and convenience. The building features 2 main-floor commercial retail units plus 3 residential apartments, all currently rented, providing immediate income for the new owner. With access from both Main Street East and McIntyre Street East, the property offers excellent flexibility, including a convenient rear entrance that is ideal for unloading supplies to the commercial units as well as separate rear access to the apartments. Additional highlights include: Currently producing over a 7.5% CAP rate 6 parking spaces - a major downtown bonus. Recently updated storefront with a clean, modern appearance. All commercial and residential units are rented. Separate hydro meters. Building has been municipally retrofitted. Excellent Main Street exposure. Convenient rear service and tenant access. A strong opportunity for an investor looking for a mixed-use income property in a prime downtown location with established tenants and multiple revenue streams. Invest in downtown - commercial income downstairs, residential income upstairs. Located close to the downtown waterfront, Kate pace way.
Features & Amenities
- Basement: Full, Unfinished
- Garage: None
- Cooling: None
- Heat Type: Water
- Heat Source: Gas
- Style: Other
- Construction: Concrete Block, Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | Other |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Basement | Full, Unfinished |
| Garage | None |
| Parking Spaces | 5 |
| Heat Type | Water |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $8,763 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Separate Hydro Meter
Exterior Features
- Exterior Features
- Year Round Living
- Pool Features
- None
Building & Construction
- Architectural Style
- Other
- Construction Materials
- Concrete Block, Vinyl Siding
- Foundation Details
- Stone
- Roof
- Flat
- Basement
- Full, Unfinished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Water
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 5
- Parking Total
- 5.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 132.00
- Lot Width
- 31.83
Community & Neighborhood
- Property Features
- Arts Centre, Level, Public Transit
Financial & Tax
- Tax Annual Amount
- $8,763
- Tax Year
- 2026
- Tax Assessed Value
- $216,000
- Possession Type
- 30-59 days
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 14
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 5
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Nipissing
- Cross Street
- Main St E - Between Wyld & Ferguson
- Directions
- Fisher to Main St E
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
160-164 MAIN Street E, North Bay, ON P1B 1A8, North Bay, ON, P1B 1A8