117 FRONT ST. spanish (Spanish, Ontario, CA - P0P2A0) Built

$199,900
IDEAL INVESTMENT in an IDEAL LOCATION

Ken Naples

Kenneth Naples Kenneth Naples 1-705-869-1079 (Office) 705-869-1318 (Office) 705 677-5959 (Cell) 705 869-2884 (Fax) Request More Info

  • THE PRICE HAS BEEN DRASTICALLY REDUCED
  • Type: Commercial
  • Style: Single Story
  • Half Bathrooms: 1
  • Size: 9,000 sq. ft. "9000 floor space on first floor and basement combined the same area"
  • Development Level: Built
  • Lot Type: Rectangular
  • Lot Size: 10204 sq. ft. 86ft x 120ft
  • Year Built: 1975
  • Taxes: $3,059.22 (2022)
  • MLS ® #: 2072400
  • Basement: Yes, Full

Description


EXCEPTIONALLY WELL CONSTRUCTED COMMERCIAL BUILDING WITH APPROXIMATELY 4800 SQ.FT OF FLOOR SPACE ON TWO LEVELS. SITUATED ALONG THE TRANS CANADA HYWAY, BETWEEN SAULT STE. MARIE AND SUDBURY ONTARIO.
CURRENTLY, THE BUILDING HAS A TENANT ON A SHORT TERM AGREEMENT AND THE BUILDING IS BEING SOLD "AS IS" AND "WHERE IS" WITH NO CONDITIONS! { SEE CLAUSE #1 ACKNOWLEDGEMENT FROM THE LISTING AGENT AND IS TO BE INCLUDED IN ALL OFFERS}.
THE BUILDING IS EASILY ACCESSIBLE VIA LOTS OF PARKING IN FRONT! IT HAS TWO ENTRANCES. THE FRONT BEING SPLIT WHICH LEADS TO BOTH THE UPPER AND BOTTOM LEVELS.
THE BACK ENTRANCE IS USED FRO SERVICE LEADING TO THE LOWER LEVEL WHICH HOUSES THE ELCTRICAL AND HEATING SYSTEMS.
THE BUILDING IS CURRENTLY BEING SOLD AS VACANT; HOWEVER , IF THE OFFER IS ACCEPTED , THE BUYER MAY NEGOTIATE THE SHELFS AND CHATTELS (BUT ANY TRANSACTION THAT IS MADE BETWEEN THE TENANT AND BUYER WILL NOT BE INCLUDED IN THE PURCHASE PRICE.)
AMENITIES ARE AS FOLLOWS:
1} BUILDING HAS A BRICK FRONT FOR CURB APPEAL
2} ZONING IS COMMERCIAL { C1}} { BUYER MAY CONSULT THE FOLLOWING WEBSITE: (www.townofspanish.com} FOR THE " OFFICIAL PLAN " AND THE PERMITTED USES OF THE DESIGNATED ZONING ( C1).
THE ENTIRE BUILDING IS HEATED WITH OIL AND IS WELL INSULATED. THE TOP OF THE ROOF IS BUILT OF "UP ROOFING" AND THE FOUNDATION IS BLOCK.
THE TWO LEVELS PRESENT THE POSSIBILITY OF RUNNING TWO SEPARATE BUSINESSES, TO MEET THE NEEDS OF THE LOCAL PEOPLE AND THOSE OF THE HIGHWAY TRAFFIC.
SOME SUGGESTIONS ARE:
1} A DRY GOODS DEPARTMENT AND FURNITURE STORE
2} RENOVATE ONE OR BOTH LEVELS TO A NUMBER OF ONE BEDROOM APARTMENTS FOR SENIOR CITIZENS WHICH IS A GREAT NEED IN THE AREA.
3} A PHARMACY ON THE TOP LEVEL AND A MASSAGE THERAPIST OR OTHER MEDICAL SERVICE ONTHE LOWER LEVEL.
4} ANY HOME MAINTENANCE AND REPAIR SHOP SUCH AS:
I} ELECTRICAL , 2) HEATING AND PLUMBING SHOP , 3} CARPENTRY SHOP, 4} LAWN AND GARDEN SERVICES, 5) SELF STORAGE UNITS .
ALL OF WHICH WOULD HAVE TO COMPLY WITH THE PRESENT ZONING BY-LAWS.( PLEASE CHECK WITH THE " OFFICIAL PLAN" ON THE WEBSITE: ( www.townof spanish.com}}
LEGAL DESCRIPTION AND TAXES FOR THE YEAR 2022 ARE TO BE VERIFIED BY THE BUYER.{ SEE CLAUSE#2 WHICH IS TO BE INCLUDED IN ALL OFFERS}
5} LOT SIZE IS APPROXIMATELY 86.04' X 119.78' { DIMENSIONS TAKEN FROM GEOWAREHOUSE}
6] BUILDING HAS APPROXIMATELY 4800 SQ. FT. ON BOTH OF THE LEVELS.{I.E. UPPER LEVEL AND BASEMENT}
ABOUT THE TOWN OF SPANISH:
SPANISH IS A COMMUNITY OF APPROXIMATELY 800 PERMANENT RESIDENTS WITH A SEASONAL RECREATIONAL POPULATION DURING THE SUMMER. LOCATED APPROXIMATELY ONE AND A HALF HRS FROM SUDBURY INTHE EAST AND THE SAME FROM SAULT STE. MARIE AND THE AMERICAN BORDER TO THE WEST. THE SPANISH RIVER WHICH BOASTS THE BEST PICKEREL FISHING FLOWS INTO THE NORTH CHANNEL OF LAKE HURON WHICH IS CONSIDERED AS ONE OF THE TEN BEST BOATING AREAS IN THE WORLD!
THE MUNICIPALITY OWNED MARINA PROVIDES ALL KINDS OF FACILITIES FOR BOATERS WHO CAN DOCK IN ONE OF THE MANY SLIPS IN THE SELF CONTAINED HARBOUR. THE MARINA PROVIDES FOR THE BOATERS : A LAUNDRY ROOM , WASHROOMS WITH SHOWERS, A COMPUTER ROOM AND A LOUNGE OVER LOOKING THE BAY IN FRONT.
WTHIN A RADIUS OF 35 KMS , THERE ARE MANY LAKES WHICH PROVIDES MANY OUTDOOR RECREATIONAL ACTIVIITES SUCH AS:
1} HUNTING AND FISHING &
2} QUAD RIDING AND HIKING TRAILS IN THE SUMMER AND SNOW MOBILING AND CROSS COUNTRY SKIING IN THE WINTER.
THE POTENTIAL GROWTH OF THIS GEOGRAPHICAL AREA, OVER TIME IS ENORMOUS WHICH PRESENTS A GROUND FLOOR OPPORTUNITY FOR ANY ENTREPRENEUR!
ALL THIS AND MUCH MORE FOR ONLY
$ 199,900.00 CANADIAN DOLLARS
$ 139,900.00 AMERICAN DOLLARS { APPROXIMATELY}
SPECIAL NOTE: ALL OFFERS HAVE TO INCLUDE TWO{2} ACKNOWLEDGMENT CLAUSES. PLEASE CONTACT TE LISTING AGENT AT; napes@sympatico.ca and /or Call or Text Ken Naples at 1-705-677-5959.

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