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$ 499,700
Est. payment /mo
Active
853-865 Kingsway Sudbury, ON P3B2E4
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2122621
Property Sub-Type Freehold
Source Sudbury Real Estate Board
Property Description
An exceptional investment opportunity on one of Sudbury's busiest roads. This property is a C2-zoned parcel with a frontage of 133 feet and a depth of 164 feet, extending well beyond the existing structures and totaling over half an acre of land. With unbeatable visibility and access in a high-traffic commercial corridor, the location is ideal for investors, business owners, or developers seeking strong returns and long-term growth potential. The property features a renovated three-bedroom residential unit, currently rented at $2,400 per month, all inclusive. This turnkey income-generating asset provides stable and immediate cash flow. The commercial side, located at 865 Kingsway, is currently leased at $1,750 per month plus utilities to a food truck operation. With C2 zoning and a location primed for high exposure, this property's highest and best use may lie in future redevelopment. Additionally, there is a large, powered sign on site that offers excellent visibility for current or future business ventures. This is a rare chance to secure a prominent location in the heart of Sudbury's commercial landscape. Whether you're looking to expand your portfolio, build new commercial space, or maximize rental income, these parcels offer the space, zoning, and exposure to make it happen. book your viewing today. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Flooring Laminate, Vinyl
Exterior
Parking Features Yes
View Y/N No
Roof Type Unknown
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXP REALTY, BROKERAGE (MAIN)