ON
North Bay (Central)
P1B9M2
361 Main E Street
361 Main E Street, North Bay (Central), ON P1B9M2
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
24
$2,500,000

Home Details for 361 Main E Street

Price
$2,500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Detached
Days on site
98
Listing #
X12230109
Property Description

Rare Commercial Opportunity Downtown Entertainment Complex for Sale. Take advantage of this exceptional opportunity to own a well-established, two-story commercial property in the heart of the citys downtown core. Currently operating as the only 5-pin bowling center in the area, this versatile building also includes a billiard hall, licensed bar, and restaurant, making it a fully equipped entertainment hub. Offering approximately 45,000 sq ft of total space, the property includes: Two floors of 15,000 sq ft each, ready for immediate business operations, 36-car underground parking garage, dual access from Main Street and Oak Street for high visibility and customer convenience. This turnkey business is well-maintained and financially sound, with flexible purchasing options available choose either a share sale or asset sale. Financial statements are available for qualified, serious buyers. Whether you're an investor or a multi-family entrepreneur, this is an ideal opportunity with guaranteed income from long-standing sanctioned bowling and pool leagues. CAP Rate: 7%+ on building alone and or Up to 18% plus return with business included. It's truly a one-of a kind property and investment. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Parking
    • Detached
Listing Courtesy: Century 21 Blue Sky Region Realty Inc., Brokerage
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EXIT OTTAWA VALLEY REALTY, BROKERAGE
1219 Pembroke Street East, Pembroke, ON K8A 7R8
Office
613-629-3948
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