264 Mackenzie Street
Sudbury
Greater Sudbury
P3C 4Y6
$745,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X11823823
- Bus Major:
- Other
- Photos (40)
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NET OPERATING INCOME $68,551 GENERATING A 9% CAP RATE. Not For Profit Child Care with a Government supported Tenant on a long-term lease. This property is located in the heart of downtown Sudbury. The Tenant at their own expense has installed an artificial grass surface and playground structures throughout the playground area at the projected expense of $300,000. The tenant also contributed 50% of the expense of the two new furnaces and air conditioners that were installed in 2020. The tenant is committed to this property as they also invested $300,000 in leasehold improvements when they moved in. This is a turnkey operation which is fully operational. The tenant, all through the pandemic was always able to meet their financial lease obligations and continue to do so. **EXTRAS** **INTERBOARD LISTING: SUDBURY REAL ESTATE BOARD**
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Approx. Age:
- 51-99
- Total Area:
- 7276 sq. ft. Square Feet
- Total Area:
- 7,276 sq. ft.676 m2
- Retail Area:
- 100 sq. ft. %
- Depth:
- 59'8"18.2 m
- Frontage:
- 121'11⅞"37.2 m
- Water supply:
- Municipal
- Zoning:
- Institutional
- Heating type:
- Gas Forced Air Open
- Garage:
- Single Detached
- Possession Details:
- Negotiable
- HST Applicable To Sale Price:
- Call LBO
- Type Taxes:
- Annual
- Taxes:
- $7,108.57 / 2023
- Assessment:
- $- / -
- Greater Sudbury
- Sudbury
- Greater Sudbury
- Public Transit
- Yes
- Range, Dishwasher, 2 Furnaces (2020), 2 Air Conditioners (2020)
- All Tenant Belongings, Security System
- Freight+Public
- No
- Utilities:
- Yes
- Sewers:
- Sanitary
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Major Business Type:
- Other
- Category:
- Institutional
- Franchise:
- No
- Days Open:
- Open 6 Days
- Chattels:
- Yes
- Date Listed:
- Dec 02, 2024
- Original Price:
- $765,000
- Previous Price:
- $765,000
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Listed by REALTY EXECUTIVES OF SUDBURY LTD.
Data was last updated March 3, 2025 at 08:15 PM (UTC)
- ANDREW JOHN COCKS
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 1-705-380-3166
- info@cocksrealty.ca
- LAURA BLAKEY
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 705-349-8060
- laura@cocksrealty.ca
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