Property Details

65 Larch Street, Sudbury, Ontario, P3E1B8

65 Larch Street, Sudbury, Ontario, P3E1B8 (ID 2129397)
Representative
Rick Campeau portrait
Rick Campeau
Sales Representative
RE/MAX Crown Realty (1989) Inc. Brokerage - Hanmer
Cell: 705-562-7742
Tel: 705-969-1100

$3,900,000 - For sale

ID#:2129397

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:2471)

Property Details
  • Property Address:65 Larch Street, Sudbury, Ontario, P3E1B8
  • Property Type:Office
  • Title:Freehold
  • Lot Size:1 - 3 acres
  • Acreage:1 - 3 acres
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Year-round access
  • Driveway:Parking Space(s)
Structure Details for 65 Larch Street, Sudbury, Ontario, P3E1B8
  • Structure Style:Commercial Mix
  • Heating Type:Forced air
  • Flooring:Tile, Carpeted
  • Cooling Type:Central air conditioning
  • Rental Equipment:Unknown
Representative
Rick Campeau portrait
Rick Campeau
Sales Representative
RE/MAX Crown Realty (1989) Inc. Brokerage - Hanmer
Cell: 705-562-7742
Tel: 705-969-1100
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Listing Office: ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE

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65 Larch Street, Sudbury, Ontario, P3E1B8

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