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$14,000
Available - For Rent
Listing ID: X13440040
Prime downtown North Bay commercial leasing opportunity beside the Capitol Centre in one of the city's most prominent redevelopment and hospitality opportunities. This purpose-built building has been designed and permitted specifically for restaurant use and is available as an openvanilla shell ready for customization. Ideal for a restaurant, lounge, hospitality concept, or other approved commercial use, this is a rare opportunity to create a flagship operation from the ground up in a premium Main Street location. Offering approximately 3,600-3,800 Sq Ft above grade plus an additional 2,000-2,200 Sq Ft basement area for support, storage, production, or back-of-house use, the property provides exceptional flexibility. Major structural planning andopening work has already been completed with permits approved for restaurant and hotel accommodation use, while plans can be revised to suit a tenant's specific operational needs and vision. Lease rate of $14,000 Net Rent plus TMI estimated at approximately $6.50 per Sq Ft for the entire building with preferred lease terms of 5-10 years and longer commitments considered for build-to-suit opportunities. Includes 3 dedicated parking spaces, an exceptionally rare downtown feature, with flexibility for phased fit-ups, vanilla shell delivery, or customized build-outs for qualified long-term tenants. There are also permits in place for a patio deck.All construction is subject to permit revisions, municipal approvals, building code, and firecode.
Price $14,000
Minimum Rental Term: 60
Taxes: $0
Tax Type: TMI
Occupancy by: Vacant
Address: 174 Main Street East , North Bay, P1B 1A8, Nipissing
Postal Code: P1B 1A8
Province/State: Nipissing
Legal Description: PT LT 92 PL 10 WIDDIFIELD AS IN NB106997
Directions/Cross Streets: Main St E and Wyld St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 3,700
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: V
Hours Open: TBD
Employees #: 0
Seats: 0
Maintenance: 0
Sprinklers: Yes
Outside Storage: F
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

174 Main Street East , North Bay, P1B 1A8, Nipissing

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Sale Of Business
Area: Nipissing
Municipality: North Bay
Neighbourhood: Central
Style:
Lot Size: x 132.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:

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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908