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Home ON Greater North Bay North Bay
361 MAIN STREET E
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361 MAIN STREET E $2,500,000
$2,500,000
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361 MAIN STREET E
North Bay (Central), Ontario P1B9M2

MLS® Number: X12230109

Listing 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. (40717972)

Location Description

Fisher St.

Property Summary

Property Type
Retail
Community Name
Central
Land Size
Bldg=198 x 132 FT
Age Of Building
31 to 50 years
Annual Property Taxes
$62,000
Parking Type
Underground
Time on REALTOR.ca
9 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Parking Type
Underground

Measurements

Square Footage
45000 sqft
Exterior Building Size
45000 sqft

Land

Lot Features
Frontage
198 ft
Land Depth
132 ft
Other Property Information
Zoning Description
C-2
Data provided by: North Bay and Area REALTORS® Association 1281 Cassells Street, North Bay, Ontario P1B 4B8
705-498-8878
705-498-8878
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DENNIS MONG