10 Bulmer Avenue Sudbury, Ontario P3C 3J3
Opportunity Knocks - Great investment! Appraisal value of 1.125 in 2018... This wont last long- a truly unique offering! Our site is 264ft X 110ft, a grand 29,040 sq.ft and our building boasts over 18,000 ft.Â˛. Some may remember this site as a school or a bar and hotel the historic Park Lane! If only these walls could talk the stories they would tell! We are a solid girl with great bones and renovated from the inside out in 2008. Easily accessed off Lorne Street we have two parking lots with ample space-70 fully paved spaces to be exact! Serviced municipally with sewer and water, upgraded 400-amp electrical service, rubber membrane roof, complete spray foam insulation & metal exterior, natural gas boiler rad system with a mix of roof mounted & individual air conditioning units throughout. We offer a variety of commercial spaces in our building! Our main level is 7004 sq. Ft. providing 3 entrances, 3 large washrooms, 15 individual offices, a training room, board room, storage and server rooms, foyers, and cubicle office space. Our second level is 3110 sq. Ft. comprised of 12 motel rooms, laundry room, washrooms with shower facilities, and our end unit apartment featuring- one bedroom, living room and kitchen space. Our lower level of 7004 sq.ft houses some offices, utility rooms, storage space, an our stunning warehouse with access to the 1282 sq. Ft loading bay! This bay ramp will enclose an 80ft transport tractor trailer and has an automatic hydraulic leveler- completely insulated and accessible in the winter!! We currently have a great tenant who accommodates a large portion of the building but there is some rental space now available (vacant due to Covid) **Check out our floor plans and income & expenses for how our rental units coordinate. For those of you waiting to achieve financial freedom, then this is a means to get you there! (id:35617)
Opportunity Knocks – Great investment!!
- Centrally Located
- Multifamily Unit
- Long-term Tenant
- Many Renovations
- Unbelievable Loading Dock
- Tractor – Trailer Ramp
- Holds a 80 foot Transport
- Well Insulated
- Lovely Board Room
- Large Parking Lot
- Easy Access to Site
- Municipally Serviced
- Land Size Almost 30,000 ft.Â˛
- Two Story Commercial Building
- Many Upgrades
- C-2 Zoning
- Great Revenue Property
- All City Services Available
- Financial Freedom
- Great Neighborhood
- Taxes: $44,000 Approx.
- Legal Description: LOTS 16-23, PLAN M-136, MCKIM TOWNSHIP, PARCELS 8087, 10901 S.E.S. CITY OF GREATER SUDBURY, DISTRICT OF SUDBURY, PIN 75388-0353, 73588-0736 AND 73588-0823
- Directions to Property: In Sudbury travel .. West on Lorne Street, North on Bulmer Ave to property address 911# 10. to your Right
Come discover the benefits of owning Revenue property!!
This is a sterling offering, unique and a great location with easy access..
This is a good old girl with good bones and great to add this lovely upgraded commercial – residential rental property to your portfolioâ€¦
Those of you who are waiting to achieve financial freedom, then this is a means to get there.
At 1,099,000 million we offer a complex variety of commercial spaces with 12 rental motel rooms for transients workers or your choice.
The size and space of our two story commercial building that was built in about 1950 and renovated in 2007 is unique to the Sudbury area.
Our building boasts over 18000 ft.Â˛ in total with 11,000 ft.Â˛ above grade and 7000 ft.Â˛ below grade.
We are serviced municipally with sewer and water and are centrally located and all amenities are just a stoneâ€™s throw away.
Some may remember the site as a school, as a the bar and hotel the historic Park Lane – a restaurant – can you imagine if only these walls could talk.
Our site is improved being a commercial building that currently contains offices on the main floor, boarding style living accommodations on the second floor and warehouse space in the basement.
Our site is divided as follows the main floor is one expansive large office space with two exits and currently houses – boardrooms – general open space for training and eight individual offices and two washroom areas- well designed.
This above space is currently rented out on a long-term lease & it is leased out in in combination with the 4000 ft.Â˛ of lower warehouse at $4500 a month all inclusive.
The lower warehouse provides a loading ramp – tractor-trailer ramp that will house an enclosed a 80ft transport and has an automatic hydraulic load leveler.
This tractor-trailer ramp is well designed for Northern Ontario weather with a heated ramp in the perimeter & extends stands 6 feet on the outside of the building.
This is a fantastic loading bay area and unique to such an offering.
The second main floor commercial space currently is vacant due to Covid but is an open concept 2400 ft.Â˛ commercial space with great window light and dividers and was previously rented to the government at $2400.
We also offer on the main floor an area that is current vacant office space but could easily be converted to an large one bedroom apartment – Sweet!!
In the lower level we provide 1500 square feet – currently in renovation that has four offices and an open concept reception area that could easily be an apartment.
The upper level of our good old girl offers 12 motel- rental rooms- two common washrooms & previously a two bedroom luxury apartment that is now being used a common space.
It is currently being leased at $1800 a month to the main floor tenant.
These rooms are well suited for office space here or could remain owner-occupied or could be tenanted with its own separate entry.
Our Physical plant is sound with the gas boiler, upgraded electrical, upgraded insulation- all exterior walls, newer metal siding & our roof is foam insulated in 2007 with the single-member rubber membrane .
Not to forget the lower docking area has in floor heating and in this space we also offer plenty of additional storage.
We offer approximately 70 fully paved parking spaces in our parking area – no shortage of parking here.
This is an opportunity for an investor – call away.
Absolutely no walkabouts!!
|Equipment Type||Water Heater|
|Rental Equipment Type||Water Heater|
|Basement Development||Partially Finished|
|Basement Type||Full (partially Finished)|
|Utility Water||Municipal Water|
|Sewer||Municipal Sewage System|
|Size Frontage||264 Ft|
|Size Total Text||1/2 - 1.99 Acres|
Contact us for more information