154-158 Durham Street Sudbury, Ontario P3E 3M7

Hot Water


Excellent opportunity with excellent return. Multi level 22000 square foot building. Fully leased to multiple tenants with a cap rate of 8%. Many long term tenants that wish to renew and stay where they are. Downtown location has excellent traffic and a mixture of retail, personal services and office tenants. This property has been very well maintained. New roof, mechanicals in great shape with regular servicing. Minimal common area. Top level apartment boats 3 bedroom and carriage trade finishings. Currently rented on a month to month basis at great rent but would make a great Executive Short term rental. Current rents are at or below market. All leases and income/expenses statement available upon signing an NDA. All 9 office/retail/apartments are rented with staggered renewal dates. Please call listing Broker for more information (id:46568)


Business Type Retail and Wholesale
Business Sub Type General retail

Property Details

MLS® Number 2113829
Property Type Retail
Equipment Type None
Rental Equipment Type None
Storage Type Unknown


Amenities Air Conditioning, Separate Heating Controls, Separate Electricity Meters, Street Lighting
Exterior Finish Concrete, Stucco
Fire Protection Alarm System, Controlled Entry, Security, Smoke Detectors
Flooring Type Concrete, Hardwood, Tile, Vinyl
Foundation Type Concrete
Heating Type Hot Water
Roof Material Tar & Gravel
Roof Style Unknown
Type Apartment
Utility Water Municipal Water


Access Type Year-round Access
Acreage No
Fence Type Not Fenced
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Description C6



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