$1,580,000 FOR SALE

Commercial/Retail

39 Durham Street
Sudbury, ON P3E 3M2

39 Durham is perfectly located in the heart of Downtown Sudbury, offering a turn-key investment with reliable cash flow. The main floor features five street-level retail spaces, all occupied by stable tenants. The upper level is vacant, with the potential to be transformed into office spaces or apartments, featuring large windows that fill the area with natural light. In a prime, high-traffic location, the building is just steps away from street and municipal parking. It also benefits from the city's most flexible zoning (C6), allowing for a wide variety of uses, including the option to convert some space into multi-residential units. Just a short walk to government services, hotels, restaurants, Place des Arts, Laurentian University, and public transit, this property is ideally positioned for professional offices or residential rentals. The proximity to Laurentian University’s McEwen School of Architecture makes it particularly attractive for student housing. With potential financial incentives available from the City of Sudbury, this is a great opportunity for investors, developers, or owner-occupiers. For details on revenue and expenses, contact us today and schedule your private viewing! (id:47423)

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Listed By ROYAL LEPAGE NORTH HERITAGE REALTY, Brokerage
Data Provided By Sudbury Real Estate Board
MLS® Listing Number 2119244
Last Updated Sep 24, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use General Retail
Price History
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Detailed Information
Equipment Unknown
Ownership Type Freehold
Property Type Retail
Rental Equipment Unknown
Transaction Type For sale
Zoning Description C6
Business
Business Type Retail and Wholesale
Business Subtype General retail
Building
Cooling Type Central air conditioning
Fire Protection Fire alarm system
Heating Type Forced air
Type Commercial Mix
Utility Water Municipal water
Land
Total Size under 1/2 acre
Sewer Municipal sewage system

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