Property Details

251-253 Regent, Sudbury, Ontario, p3c4c6

251-253 Regent, Sudbury, Ontario, p3c4c6 (ID 2101154)
Representative
Realty Executives of Sudbury Ltd., Brokerage
Office
Realty Executives of Sudbury Ltd. Brokerage
Tel: 705-586-3334
Website

$849,900 - For sale

ID#:2101154

Fully occupied Commercial / Residential building with approx. 5520 Sq', situated on busy arterial road known as Regent Street. Market rent potential to get a 7.2% +++ return. Offering the best zoning to accommodate a variety of business's from Professional Offices, restaurants, Clinic, Retail Store and many more uses. Current commercial tenants are a real estate office, hair salon and professional music school plus there are 2 large one bedroom apartments upstairs. Both commercial and residential tenants have been long term quality tenants. The Gas boiler was replaced in 2015 and both the flat roof and peaked roof were both professionally replaced in 2016. The newer addition built in 1972 is constructed of Steel , poured concrete and double block walls with i-beam supports. It will permit all walls to be removed in this 40 x 40 section of the building. There is plenty of parking in the parking lot plus street parking permitted in the area. Located on a main bus route , central to New Sudbury and the South End of the city. (id:2471)

Property Details
  • Property Address:251-253 Regent, Sudbury, Ontario, p3c4c6
  • Property Type:Retail
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:Parking Space(s), Parking Space(s), Parking Space(s)
Structure Details for 251-253 Regent, Sudbury, Ontario, p3c4c6
  • Structure Style:Commercial Mix
  • Heating Type:Boiler, Hot Water
  • Flooring:Laminate, Tile, Vinyl
  • Foundation Type:Block, Concrete
  • Rental Equipment:Water Heater - Gas
  • Exterior Type:Brick, Stucco, Vinyl
Representative
Realty Executives of Sudbury Ltd., Brokerage
Office
Realty Executives of Sudbury Ltd. Brokerage
Tel: 705-586-3334
Website
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251-253 Regent, Sudbury, Ontario, p3c4c6

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