361 Main ST E Active Save Request In-Person Tour Request Virtual Tour
North Bay,ON P1B 9M2
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 45,000 sqft
Price per Sqft $55
Subdivision Central
MLS Listing ID X12230109
Building Age 31-50
Annual Tax Amount $62,000
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Rare Commercial Opportunity Downtown Entertainment Complex for Sale. Take advantage of this exceptional opportunity to own a well-established, two-story commercial property in the heart of the citys downtown core. Currently operating as the only 5-pin bowling center in the area, this versatile building also includes a billiard hall, licensed bar, and restaurant, making it a fully equipped entertainment hub. Offering approximately 45,000 sq ft of total space, the property includes: Two floors of 15,000 sq ft each, ready for immediate business operations, 36-car underground parking garage, dual access from Main Street and Oak Street for high visibility and customer convenience. This turnkey business is well-maintained and financially sound, with flexible purchasing options available choose either a share sale or asset sale. Financial statements are available for qualified, serious buyers. Whether you're an investor or a multi-family entrepreneur, this is an ideal opportunity with guaranteed income from long-standing sanctioned bowling and pool leagues. CAP Rate: 7%+ on building alone and or Up to 18% plus return with business included. It's truly a one-of a kind property and investment.
Location
Province ON
County Nipissing
Community Central
Area Nipissing
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes