264 Mackenzie StreetGreater Sudbury, Greater Sudbury, ON, P3C 4Y6
264 Mackenzie StreetGreater Sudbury, Greater Sudbury, ON, P3C 4Y6
Property Location
Listing History
Buy/sell history for 264 Mackenzie Street, Greater Sudbury, ON P3C 4Y6
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in Greater Sudbury
Description
NET OPERATING INCOME $68,551 GENERATING A 9% CAP RATE. Not For Profit Child Care with a Government supported Tenant on a long-term lease. This property is located in the heart of downtown Sudbury. The Tenant at their own expense has installed an artificial grass surface and playground structures throughout the playground area at the projected expense of $300,000. The tenant also contributed 50% of the expense of the two new furnaces and air conditioners that were installed in 2020. The tenant is committed to this property as they also invested $300,000 in leasehold improvements when they moved in. This is a turnkey operation which is fully operational. The tenant, all through the pandemic was always able to meet their financial lease obligations and continue to do so. **EXTRAS** **INTERBOARD LISTING: SUDBURY REAL ESTATE BOARD**
Features
No features availableAmenities
Summary
Rooms
Details
Property
Building
Inside
Parking
Utilities
Land
Property Location
Contact Representative
$745,000
List price