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391 MAIN Street E, North Bay, Ontario, P1B 1B3

MLS® # 40662978
Commercial For Sale In North Bay, Ontario
$875,000
391 Main Street E, North Bay, ON
391 Main Street E, North Bay, ON
Corner Lot - High traffic visible area - 391 Main Street E, North Bay, ON
391 Main Street E, North Bay, ON
Unit 3- second level 4000 sf - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 2- Ground level 2000 sf - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Rear of building, parking for 17 vehichles - 391 Main Street E, North Bay, ON
391 Main Street E, North Bay, ON
391 Main Street E, North Bay, ON
391 Main Street E, North Bay, ON
391 Main Street E, North Bay, ON
Corner Lot - High traffic visible area - 391 Main Street E, North Bay, ON
391 Main Street E, North Bay, ON
Unit 3- second level 4000 sf - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 3- second level - 391 Main Street E, North Bay, ON
Unit 2- Ground level 2000 sf - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Unit 2- Ground level - 391 Main Street E, North Bay, ON
Rear of building, parking for 17 vehichles - 391 Main Street E, North Bay, ON
391 Main Street E, North Bay, ON
391 Main Street E, North Bay, ON
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ACTIVE
391 MAIN Street E, North Bay, Ontario, P1B 1B3
$875,000

Property Information:

Welcome to an extraordinary opportunity to own a prime commercial property in the heart of downtown North Bay! This modernized 8,000-square-foot building, situated on a highly visible corner site in a bustling, high-traffic area, is perfect for businesses seeking maximum exposure. With an estimated gross Annual Income of $118,000, this property is a lucrative investment. The ground-level space features two separate offices that can be customized to suit your business needs, making it ideal for owner-occupiers and the second level is 4000 sf and has several offices and large windows allowing for some great views and natural sunlight work in. Enjoy the convenience of working from the comfort of your own space while taking advantage of the prime location to attract new clients and grow your business. Ample parking spaces are included, ensuring easy access for both employees and customers, which is difficult to find in any downtown neighborhood. Moreover, this property offers an exciting potential for expansion. The second level can be converted into residential units, transforming this property into a versatile mixed-use building. This unique feature allows for the creation of both commercial and residential spaces, maximizing the utility and profitability of the property. (id:27)

Building Features:

  • Style: Office
  • Basement Type: None
  • Fire Protection: Alarm system

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Access Type: Road access
  • Amenities Nearby: Airport, Hospital, Public Transit
  • Communication Type: High Speed Internet
  • Community Features: High Traffic Area
  • Features: Visual exposure, Paved driveway
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 66.0 Feet
  • Utility Type: Hydro - Available
  • Zoning: C2
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 17

Courtesy of: REALTY EXECUTIVES Local Group Inc. Brokerage

REALTOR.ca  

Location of 391 MAIN Street E, North Bay, Ontario, P1B 1B3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 391 MAIN Street E , experiences 7 hot days per year at around 29.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 32.9 degrees Celsius.

Projected Avg. Temperature

Past
29.5℃
2050
32.9℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, 391 MAIN Street E , experiences 11 significant 2-day storms per year, with about 322.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.8mm of precipitation per year.

Precipitation Per Storm

Past
322.2mm
2050
408.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 391 MAIN Street E, North Bay, Ontario, P1B 1B3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$69,774.07

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.08 %

High school certificate or equivalent

34.46 %

Apprenticeship trade certificate/diploma

5.3 %

College/non-university certificate

30.59 %

University Degree

10.56 %

Commuter

Travel To Work

By Car

78.92 %

By Public Transit

4.11 %

By Walking

13.29 %

By Bicycle

0.0 %

By Other Methods

3.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.34 %

Houses

50.66 %

Own Vs. Rent