214 Pine St - Retail FOR SALE


Sudbury, ON P3C 1X5
$539,000 CAD
249-806-5032
214 Pine St, Sudbury, ON for Sale
$539,000 CAD
Retail - FOR SALE
1/34
null | Request Cap Rate

214 Pine St
Sudbury, ON P3C 1X5


HIGHLIGHTS

  • Well-maintained property with three self-contained units, each featuring a dedicated entrance, offering flexibility for owner-users, investors.
  • Attractive 2-bedroom apartment available vacant on closing and optionally furnished, suitable for owner-occupancy, short-term rental, or long-term.
  • Approx. 1,000 SF main-floor commercial unit with high-end finishes and excellent street exposure, with the potential for future conversion.
  • Lower-level month-to-month tenancy and zoning flexibility allow for conversion of both non-residential units into residential use.

OVERVIEW

Exceptional mixed-use opportunity offering versatility, value, and future upside. This well-maintained property features three units, each with dedicated entrances. The upper unit is a beautiful 2-bedroom apartment that will be vacant upon closing, can be sold furnished, and is available for owner-occupancy, short-term rental, or long-term rental. The main-floor commercial unit (approx. 1000sf) is currently owner-occupied operating as a hair salon, with high-end finishes and providing excellent street presence and flexible use. The lower level previously hosted an apartment and is currently being rented by a massage therapist month-to-month. This property is perfect for owner-occupiers or investors looking to enter the mixed-use market at an exceptional value. Adding to the upside, both the commercial unit and lower level can be easily converted to residential, creating a compelling opportunity to transform the property into a high-performing, cash-flowing triplex with a strong cap rate. A rare chance to secure income, flexibility, and long-term growth all in one property.

FOR SALE DETAILS

PRICE

$539,000 CAD

PRICE/SF

$128 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,382 SF

ZONING

C4(1)

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chris TammiMallette Goring Inc.More Info
249-806-5032

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Chris TammiMallette Goring Inc.More Info
249-806-5032

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.