65 Larch Street Sudbury, Ontario P3E 1B8

Central Air Conditioning Forced Air Acreage

$3,900,000

Explore the opportunities for a solid investment at 65 Larch Street. For almost 40 years, this property has been one of Sudbury’s established medical destinations, offering pharmacy and medical laboratory services, along with a broad range of healthcare services—from cardiology to optometry. The building also features an on-site restaurant and other convenient amenities.The entire building has undergone an exterior facelift in recent years and is in excellent overall condition. Parking is available both on the street and in the landlord-owned rear parking lot, which currently provides approximately 80 spaces, with potential for a future multi-level parking structure.This property presents an excellent opportunity for an investor or an owner-user looking to occupy a portion of the building. The Seller has also secured a commitment from the City through the CIP program toward a potential multi-residential conversion involving floors two, three and four, or a combination thereof. Additional financial incentives may also be available. For the right qualified purchaser, the Seller may consider a Vendor Take-Back Mortgage with a reasonable down payment, at a competitive interest rate, for a term of up to five years. Terms are subject to negotiation and Seller approval. Contact the Listing Realtors for further details. (id:49269)

Business

Business Type Other
Business Sub Type Offices

Property Details

MLS® Number 2129397
Property Type Office
Equipment Type Unknown
Rental Equipment Type Unknown
Road Type Paved Road

Building

Amenities Catering/food Sales
Cooling Type Central Air Conditioning
Fire Protection Alarm System, Fire Alarm System
Flooring Type Tile, Carpeted
Heating Type Forced Air
Roof Material Membrane
Roof Style Unknown
Type Commercial Mix
Utility Water Municipal Water

Parking

Parking Space(s)

Land

Access Type Year-round Access
Acreage Yes
Sewer Municipal Sewage System
Size Frontage 200 Ft
Size Irregular Irregular
Size Total Text Irregular|1 - 3 Acres
Zoning Description C6

https://www.realtor.ca/real-estate/30081229/65-larch-street-sudbury

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