201 Nipissing Street

Key facts

• Property type: Other
• Transaction: For Sale
• Price: class="container" id="details-container",199,500
• Listing key: 29646664

Listing overview

Cap rate sitting at over 8% with a return on investment exceeding class="container" id="details-container"0,000 per month after expenses—this is a standout opportunity for savvy investors. With 5 units available for commercial lease, the property offers strong income potential and flexibility for a variety of business uses. Presenting a fully renovated 8,466 sq. ft. commercial building designed for both functionality and long-term value. This slab-on-grade property has undergone over $350,000 in recent upgrades, including complete electrical (200 amp, 3-phase/single-phase), plumbing, and HVAC systems. Constructed with durable masonry block and a combination of steel and wood framing, the building features multiple entry points, garage and storage areas, and parking for up to 12 vehicles, with additional space to accommodate large deliveries or trailers. Inside, you’ll find a modern open-concept reception and waiting area, mu...