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$1,580,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2121080
Originating Board Sudbury Real Estate Board
Property Sub-Type Freehold
Property Description
39 Durham is perfectly located in the heart of Downtown Sudbury, offering a turn-key investment with reliable cash flow. The main floor features five street-level retail spaces, all occupied by stable tenants. The upper level is vacant, with the potential to be transformed into office spaces or apartments, featuring large windows that fill the area with natural light. In a prime, high-traffic location, the building is just steps away from street and municipal parking. It also benefits from the city's most flexible zoning (C6), allowing for a wide variety of uses, including the option to convert some space into multi-residential units. Just a short walk to government services, hotels, restaurants, Place des Arts, Laurentian University, and public transit, this property is ideally positioned for professional offices or residential rentals. The proximity to Laurentian University's McEwen School of Architecture makes it particularly attractive for student housing. With potential financial incentives available from the City of Sudbury, this is a great opportunity for investors, developers, or owner-occupiers. For details on revenue and expenses, contact us today and schedule your private viewing! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE