201 NIPISSING STREET

West Nipissing, , P2B1K4, Canada

$1,199,500

Cap rate sitting at over 8% with a return on investment exceeding $10,000 per month after expenses—this is a standout opportunity for savvy investors. With 5 units available for commercial lease, the property offers strong income potential and flexibility for a variety of business uses. Presenting a fully renovated 8,466 sq. ft. commercial building designed for both functionality and long-term value. This slab-on-grade property has undergone over $350,000 in recent upgrades, including complete electrical (200 amp, 3-phase/single-phase), plumbing, and HVAC systems. Constructed with durable masonry block and a combination of steel and wood framing, the building features multiple entry points, garage and storage areas, and parking for up to 12 vehicles, with additional space to accommodate large deliveries or trailers. Inside, you’ll find a modern open-concept reception and waiting area, multiple private units ready for lease or customization, several washrooms (including a 3-piece), as well as a full kitchen and lunchroom. The layout also presents the potential to convert select units into residential spaces (subject to approvals), adding another layer of value and income diversification. An accessible attic and partial basement provide additional storage options.

Last updated on : Thursday 23rd of April 2026 12:30:15 PM

ADDRESS

Street : 201 NIPISSING STREET

City : West Nipissing

Country : Canada

Postal Code : P2B1K4

Open in Google Map

PROPERTY SUMMARY

Property ID : 2127275

Building Type : Other

Property Type : Other

Similar Properties

Other

16 JESSIE

Lively, Ontario, P3Y1A2

$1,175,000

property Type: Other

type: Sale

JUSTIN COUSINEAU
1 day ago

DETAILS

Other

402 FROOD ROAD

Sudbury, Ontario, P3C4Z8

$639,900

property Type: Offices

type: Sale

KEANDRA BEAUVAIS
2 months ago

DETAILS

Other

9 SECOND AVENUE

Levack, Ontario, P0M2C0

$525,000

property Type: Other

type: Sale

MITCH LEGAULT
6 days ago

DETAILS

Other

1203 MAIN

Whitefish Falls, Ontario, P5E0A6

$520,000

property Type: Other

type: Sale

JAMES FERGUSON
1 year ago

DETAILS

Other

309 OLD SKEAD

Greater Sudbury, Ontario, P3L1N3

$1,650,000

property Type: Residential Commercial Mix

type: Sale

MARC DENOMMEE
1 month ago

DETAILS

Inquire about this property