359 Fisher St - Located on a main downtown artery, this 2.5 storey building has C-2 zoning which gives many possible uses. Operate a main floor business and rent upstairs or use the building as a duplex investment. Has 4 parking spaces and is currently used as a main floor commercial office with a 1 bedroom plus a loft on the second floor, rented at $1000 inclusive not including the loft area and is currently occupied. Many upgrades including metal roof, some flooring, main floor kitchen, all wiring, bathrooms and more. Foundation walls extend to the second floor, beautiful hardwood floors, gas forced air heat, Zoning information on file at listing office. Expenses $8782 (taxes, utilities, insurance), Income $22,800 not including loft area with potential for 2 more bedrooms to increase rents, Net Income $14,018.
Mike Burman, REALTY EXECUTIVES Local Group Inc., Brokerage
Local Group Inc. Brokerage,
325 Main St. West,
North Bay, P1B 2T9