173 King Street
Sturgeon Falls Nipissing P2B 1R6

$750,000 /For Sale
Commercial

Main Photo: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
Photo 1: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
Photo 2: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
Photo 3: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
Photo 4: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
Photo 5: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
Photo 6: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
Photo 7: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
Photo 8: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
Photo 9: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12013440
Bus Major:
Apts - 6 To 12 Units
This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you don't want to miss! **EXTRAS** Some tenants have laundry and others don't.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
100+
Total Area:
8859 sq. ft. Square Feet
Total Area:
8,859 sq. ft.
Depth:
65'10½"
Frontage:
134'8"
Water supply:
Municipal
Zoning:
C1
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
12
Possession Details:
Immediate
Lot Irregularities:
134.67 ftx65.87 ftx 34.31 ftx65.87 ft
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$6,412.79 / 2024
Assessment:
$- / -
West Nipissing
Sturgeon Falls
Nipissing
No
None
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
Yes
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Date Listed:
Mar 11, 2025
  • Photo 1: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
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  • Photo 2: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
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  • Photo 3: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
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  • Photo 4: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
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  • Photo 5: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
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  • Photo 6: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
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  • Photo 7: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
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  • Photo 8: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
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  • Photo 9: 173 King Street in Nipissing: Sturgeon Falls Commercial for sale (West Nipissing)  : MLS®# X12013440
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Listed by KELLER WILLIAMS REFERRED URBAN REALTY
Data was last updated March 15, 2025 at 03:15 AM (UTC)
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