Mallette Goring

Commercial Listing
Recent Mandate Sold
3 months ago
92
MLS#
Exclusive
Sq. Ft
30299
TAX / CAM
$146,582.19 (2021 Tax)
Zoning
M1-1(5) - Business Industrial

Listing Brokerage
Mallette-Goring Inc.
Status
Active
Commercial Property Type(s)
Commercial Investment, Office Space, Retail Space
Newgate Plaza is located along Notre Dame Avenue, one of Greater Sudbury's busiest corridors (26k+ vehicles daily in both directions). This fully-leased office/retail complex is beautifully landscaped and meticulously maintained with great visibility and exposure. Strong tenant mix including Kina Gbezhgomi Child & Family Services (10,200 sq.ft), OPSEU (6,634 sq.ft), Orica Canada (7,596 sq.ft), Near North Custom Brokers (3,490 sq.ft) and Greenhawk Equestrian Supplies (2,379 sq.ft). Three buildings on the site (Building A - 8,000 sq.ft single storey, Building B - 9,000 sq.ft single storey, Building C - 6,600 sq.ft per floor x 2 storey) with over 100 parking spaces for staff and clients. For additional information, please contact Listing Brokerage for Confidentiality Agreement and financial information.
Location
866 Newgate Ave Sudbury
LOCATION INFO:
Geographic Area
Notre Dame Corridor
Parking Spaces
100+
Signage
Road Pylon & Building Signage
Lot Size
Approx 1.85 acres
Anchor Tenants
Greenhawk Equestrian, Manitoulin Transport, OPSEU, Kina Gbezhgomi, Orica Canada
Property Known As
Newgate Square
Video Tour

Building Specs
Elevator Access
No
Wheelchair Accessible
Ground Floor
Security System
Tenanted
Furnished
Municipal Water
Yes
Municipal Sewer
Yes
Building Age
Electrical Service
Heating Type
Roof Mounted HVAC (gas)
Foundation Type
Slab on Grade (5" reinforced)
Roof Type
Standing seam Metal Roof Panels

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


Financial Projections
Proj. Gross Income
$717,515.99
Proj. Expenses
$289,902.65
Proj. Net Income
$427,613.34
Additional Agents For This Listing:
Sandra Quenville

Sales Representative

sandra@mgre.ca

705.562.4995

Chris Tammi

Broker of Record

Mallete-Goring Inc.

705******* 705.822.6123