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$ 1,580,000
Est. payment | /mo
10,900 SqFt
$ 1,580,000
Est. payment | /mo
10,900 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,900 sqft
Price per Sqft $144
Subdivision West
MLS Listing ID X12061923
Annual Tax Amount $31,361
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
39 Durham is perfectly located in the heart of Downtown Sudbury, offering a turn-key investment with reliable cash flow. The main floor features five street-level retail spaces, all occupied by stable tenants. The upper level is vacant, with the potential to be transformed into office spaces or apartments, featuring large windows that fill the area with natural light. In a prime, high-traffic location, the building is just steps away from street and municipal parking. It also benefits from the city's most flexible zoning (C6), allowing for a wide variety of uses, including the option to convert some space into multi-residential units. Just a short walk to government services, hotels, restaurants, Place des Arts, Laurentian University, and public transit, this property is ideally positioned for professional offices or residential rentals. The proximity to Laurentian University's McEwen School of Architecture makes it particularly attractive for student housing. With potential financial incentives available from the City of Sudbury, this is a great opportunity for investors, developers, or owner-occupiers. **INTERBOARD LISTING: SUDBURY REAL ESTATE BOARD**
Location
Province ON
County Greater Sudbury
Community West
Area Greater Sudbury
Zoning C6
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 108.68
Lot Depth 43.86
Others
Security Features No
Listed by ROYAL LEPAGE NORTH HERITAGE REALTY