260 Pinewood Park Dr, North Bay, Ontario P1B 8Z4 (22275227)


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260 Pinewood Park Dr North Bay, Ontario P1B 8Z4

12000 sqft
Fully Air Conditioned

$1,450,000

Fully Renovated, Fully Leased 12,000 Sf Building Located On Major Roadway And Adjacent To Highway 11. New 6000 Sf, 200 Seat Restaurant (Beef N' Brand) With 10 Year Nnn Lease. Lower Level @ 6000 Sf Is Also Fully Leased With 9 ""Furnished Rooms/Suites Plus 2 Business Offices...........Lower Level Is Leased On 5 Year Nnn Basis.Overall Net Operating Income (Noi) Years 1-5 @ $132,000 And Years 6-10 @ $150,000.**** EXTRAS **** Building Has Been Completely Remodeled And Updated With Full Handicap Access.This Is A Exceptional Carefree Investment Opportunity With Long Term Value Enhancement Opportunities. Motivated Seller. (id:31327)

Property Details

MLS® Number X4883931
Property Type Retail
Amenities Near By Highway
Parking Space Total 100

Building

Cooling Type Fully Air Conditioned
Fireplace Present No
Size Interior 12000 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway
Size Irregular 226.54 X 228.82 Ft
Size Total Text 226.54 X 228.82 Ft

https://www.realtor.ca/real-estate/22275227/260-pinewood-park-dr-north-bay

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