43 Elm St - Storefront Retail/Residential FOR SALE


Grand Sudbury, ON P3C 1S4
$5,500,000 CAD
705-805-1563
43 Elm St, Grand Sudbury, ON for Sale
$5,500,000 CAD
Storefront Retail/Residential - FOR SALE
1/26
null | Request Cap Rate

43 Elm St
Grand Sudbury, ON P3C 1S4


OVERVIEW

Built in the 1980s, TD Square is a well-known multi-tenanted office building in the heart of Downtown Sudbury. Listed at $5.5 million, this property provides solid and stable cash flow. The two-story building is home to anchor tenants CBC Radio Canada as well as TD Bank, TD Wealth Management, and the City of Greater Sudbury (Business and Technology Incubator). The building occupies half an acre of land and the sale includes the parking lot located at 51 Elm Street (west of the building). This lot provides parking to approximately 30 vehicles. The neighbourhood is home to local businesses, restaurants, coffee shops, hair salons, a theatre, and retail stores. Two small vacancies (1,162 sq. ft and 1,714 sq. ft, respectfully), with the remainder fully leased. A signed Confidentiality Agreement is required for the Listing Package.

FOR SALE DETAILS

PRICE

$5,500,000 CAD

PRICE/SF

$132 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.34 AC

LAND SF

145,490 SF

ZONING

C6

APN/PARCEL ID

735840038

ASK ABOUT THIS PROPERTY

Chris TammiMallette GoringMore Info
705-805-1563

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Chris TammiMallette GoringMore Info
705-805-1563

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.