1650 Main Street W, North Bay

$6,500,000
1650 Main Street W

$6,500,000

New
23d
Investment

1650 Main Street W, North Bay

Total Monthly Obligation $30,118

Beds
0
Baths
0
Park
0
DOM
23d
Property Type-Investment
MLS® Number-X13845222
Beds-0
Lot Size-211.9 × 209.68 ft
Listed on site-Sep 30, 2026
Building Type-Investment
Taxes-$42,284 (2026)
Parking-Outside/Surface
Heating-Gas Hot Water
Brokerage-FIRST CLASS REALTY INC.
Cooling-Yes
Fireplace-No
Pool-None
Possession-Tba
Neighbourhood-West End
Title-Commercial

No agent assigned

Welcome to 1650 Main Street West, A rare offering in a prominent North Bay location with Its MC Sp. 58 zoning permits a broad range of potential commercial uses. This high-exposure, freestanding retail property prominently positioned at the busy intersection of Main Street West and Gormanville Road, directly across from Lake Nipissing. Situated on just over one acre, the property offers approximately 132,00 sq.ft of versatile building space and 36 ground parking spaces, providing excellent visibility, accessibility and operational flexibility. The Vendor has invested $$$$$$$ in professional renovations and extensive upgrades completed to a high commercial standard. The property currently operates as an Asian grocery and specialty-products store and includes a dedicated meat-processing facility on the lower level. The existing configuration is well suited to food retail, distribution, processing and other related commercial operations. The building features substantial open retail space, storage areas, washrooms and service areas. Its MC Sp. 58 zoning permits a broad range of potential commercial uses, offering flexibility for an owner-operator, investor or business seeking a strategically located property with modern improvements, ample parking and strong street exposure. Buyers are advised to independently confirm their intended use with the appropriate municipal authorities. The sale may include both the real estate and the existing business, presenting an exceptional opportunity to acquire an established operation together with a highly visible commercial property.

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Closing Costs

Mortgage Amount
$5,200,000
Land Transfer Taxes$148,975
Legal Fees (Est.)
$
Total cash required for closing$1,450,475

Total Monthly Obligation

$30,118/mo
Mortgage $26,219
Monthly Loss $23,218
Principal$6,900
Interest$19,320
Property Tax$3,524
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1650 Main Street W

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Data last updated within the past 24 hours.