201 Nipissing Street

Opportunity knocks with this cash-flowing commercial investment offering exceptional income potential and projected returns of over $10,000 per month after expenses. Whether you're expanding your portfolio, operating your own business, or seeking a multi-unit income property with future upside, this opportunity delivers. This fully renovated 8,466 sq. ft. commercial building features 5 commercial units ready for lease and flexible space suited to a variety of business uses. The slab-on-grade property has benefited from over $350,000 in upgrades, including electrical (200 amp, 3-phase/single-phase service), plumbing, and HVAC systems. Built with durable masonry block, steel, and wood framing, the property offers multiple entrances, garage and storage areas, and parking for up to 12 vehicles, plus additional room for trailers, equipment, or deliveries. Inside, you'll find a modern reception and waiting area, multiple private units ready for occupancy or customization, several washrooms including a 3-piece bathroom, and a full kitchen/lunchroom. An accessible attic and partial basement provide additional storage. The layout also presents potential for residential conversion of select units (subject to approvals), creating added revenue opportunities and long-term appreciation. A rare chance to own a turnkey commercial property with strong income, flexibility, and future growth potential. (id:53361)