402 Frood Road Sudbury, Ontario P3C 4Z8
$639,900
Excellent investment opportunity with this well-maintained commercial/residential building in a prime location. The main floor offers a flexible office layout with 7 offices, currently rented for $2,000/month on a triple-net basis (tenant also pays taxes, utilities, and insurance for the entire building). All interior office walls are non-load-bearing, allowing for maximum customization to suit future needs. The upper level, with a separate entrance, features two apartments: a 2-bedroom unit renting for $1,650/month and a loft-style open-concept apartment renting for $850/month—both on month-to-month leases, utilities included. The building is a former TD Bank, exceptionally well-built, and shows pride of ownership. Current owner occupies the main level and is willing to stay as a tenant for at least three more years, or vacate if buyer wishes to occupy. Vendor is also willing to consider a VTB (Vendor Take-Back) for qualified buyers. (id:50886)
Property Details
MLS® Number | 2124386 |
Property Type | Other |
Equipment Type | None |
Rental Equipment Type | None |
Storage Type | Storage In Basement |
Building
Amenities | Shared Laundry, Shopping Area, Storefront, Vaulted Ceiling |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick |
Flooring Type | Hardwood, Laminate |
Foundation Type | Block, Concrete |
Heating Type | Boiler |
Roof Material | Other |
Roof Style | Unknown |
Type | Offices |
Utility Water | Municipal Water |
Parking
Gravel |
Land
Access Type | Year-round Access |
Acreage | No |
Sewer | Municipal Sewage System |
Size Total Text | Under 1/2 Acre |
Zoning Description | C3 |
https://www.realtor.ca/real-estate/28798826/402-frood-road-sudbury
Contact Us
Contact us for more information
Terry Ames
Salesperson
theamesteam.ca/
facebook.com/theamesteam
ca.linkedin.com/pub/terry-ames/3/378/9bb
twitter.com/theamesteam
1349 Lasalle Blvd Suite 208
Sudbury, Ontario P3A 1Z2
(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca/
Keandra Beauvais
Salesperson
1349 Lasalle Blvd Suite 208
Sudbury, Ontario P3A 1Z2
(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca/