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$2,500,000
Available - For Sale
Listing ID: X12230109
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.
Price $2,500,000
Taxes: $62,000
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner
Address: 361 Main Stre East , North Bay, P1B 9M2, Nipissing
Postal Code: P1B 9M2
Province/State: Nipissing
Legal Description: LT 31-33 PL 10 WIDDIFIELD; NORTH BAY ; D
Directions/Cross Streets: Fisher St.
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Retail
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 45,000
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 31-50
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Century 21 Blue Sky Region Realty Inc., Brokerage

361 Main Stre East , North Bay, P1B 9M2, Nipissing


 
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At a Glance:
Type: Com - Commercial Retail
Area: Nipissing
Municipality: North Bay
Neighbourhood: Central
Style:
Lot Size: x 132.00(Feet)
Approximate Age: 31-50
Tax: $62,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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