Mallette Goring

Commercial Listing
FeaturedFor Sale
4 months ago
400
MLS#
Exclusive
Sq. Ft
9517
TAX / CAM
$37,074.67*
Zoning
C2

Listing Brokerage
Mallette-Goring Inc.
Status
Active
Commercial Property Type(s)
Commercial Investment, Office Space, Retail Space
New Sudbury Commercial Investment Opportunity at one of Greater Sudbury's busiest intersections (Barrydowne & Lasalle). Two-storey retail/office building fully leased with 2 lots including overflow parking lot at corner of Barrydowne & Sparks that generates additional rental income. NET Leases with some opportunity for upside on rental rates. Note: potential to package neighbouring property 1177 Barrydowne for sale under different ownership, inquire for additional information and financials available for review with signed CA. Approximate CAP Rate - 7.45% based on current Rent Roll.
Location
1414 Lasalle Blvd Sudbury
LOCATION INFO:
Geographic Area
New Sudbury
Parking Spaces
Behind 1414 + overflow lot
Lot Size
11,851 SF + 12,324 SF
Video Tour



Building Specs
Elevator Access
No
Wheelchair Accessible
No
Security System
No
Furnished
No
Municipal Water
Yes
Municipal Sewer
Yes
Building Age
Electrical Service
Heating Type
Rooftop HVAC
Foundation Type
Slab on Grade
Roof Type
Tar & Gravel

Loading Info
Overhead Crane Type
Loading Door Type
Door Height
Ceiling Height


Financial Projections
Proj. Gross Income
$247,311.04*
Proj. Expenses
$135,625.12*
Proj. Net Income
$111,685.92*
Chris Tammi

Broker of Record

Mallete-Goring Inc.

705******* 705.822.6123