396-400 Melvin Avenue
Sudbury, Ontario P3C 4X3
$
799999.00
mls number:
2130907
bed
bath
ft2
acres
Other
request a showing
Property Details
Listing Description
Mixed-use investment property consisting of six separately metered residential apartments (4 bachelor, 1 one-bedroom and 1 two-bedroom unit) and Melvin Variety, an established convenience store business included in the sale (inventory extra at cost). The property offers multiple income streams with three vacant residential units providing immediate lease-up or renovation potential to increase revenue. The commercial space may continue to operate as a convenience store or accommodate a variety of permitted commercial uses, subject to applicable approvals. Ample on-site parking is available at the front and rear of the property, with the large rear lot offering potential for future expansion or redevelopment, subject to municipal approvals. An opportunity for investors or owner-operators seeking a mixed-use asset with existing income and value-add potential. (id:39198)
Summary
Property type
Other
built in
square footage
sqft
annual property taxes
community name
parking type
Not in CMS
land size
acres
time on market
Not in CMS

Interior Features

Flooring Laminate, Linoleum

Building Features

Style Residential Commercial Mix

Foundation type Poured Concrete

Roof Asphalt shingle

Heating & Cooling

Heating type Baseboard heaters, Forced air

Cooling Central air conditioning

Exterior Features

Exterior finish Brick

Utilities

Sewer Municipal sewage system

Water Municipal water

Parking

Parking type Parking Space(s), Gravel

Listing Description
Listing Description

Lot Features

Frontage 66 ft

Other Property Information

Zoning C1(9)

Road surface Paved road

Data provided by: Sault Ste. Marie Real Estate Board
Virtual Tour
Video
Floor Plan
download
Interested in Viewing this Listing or Have Questions?
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Similar Listings
view all listings