Welcome to this remarkable [] commercial retail located in the coveted neighborhood of Central. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $597,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Prime investment opportunity in the heart of North Bay's downtown core. This mixed-use commercial and residential property offers a strong combination of stable income and long-term upside. The main level features a fully equipped restaurant space with a finished basement and two washrooms, secured with a long-term lease in place, providing immediate, reliable cash flow. The property also includes two well-maintained 1-bedroom residential units on the upper levels, adding diversified rental income. Strategically positioned on a high-exposure corner in one of the city's busiest corridors, surrounded by established retailers, offices, and essential amenities, ensuring consistent foot traffic and tenant demand. Extensive renovations and upgrades have been completed throughout, showcasing quality finishes and reducing near-term capital expenditure. Income Highlights: Commercial Lease: $2,610/month + HST. Tenant pays 100% hydro (separately metered), 70% heat & water covered. Residential Unit: Currently rented at $1,400/month (all-inclusive). An additional residential unit offers further income potential.
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Public Transit, Recreation/Community Centre
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 407 Ferguson Street, North Bay, ON P1B 1X3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in North Bay.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.