39 Durham is perfectly located in the heart of Downtown Sudbury, offering a turn-key investment with reliable cash flow. The main floor features five street-level retail spaces, all occupied by stable tenants. The upper level is vacant, with the potential to be transformed into office spaces or apartments, featuring large windows that fill the area with natural light. In a prime, high-traffic location, the building is just steps away from street and municipal parking. It also benefits from the city's most flexible zoning (C6), allowing for a wide variety of uses, including the option to convert some space into multi-residential units. Just a short walk to government services, hotels, restaurants, Place des Arts, Laurentian University, and public transit, this property is ideally positioned for professional offices or residential rentals. The proximity to Laurentian University’s McEwen School of Architecture makes it particularly attractive for student housing. With potential financial incentives available from the City of Sudbury, this is a great opportunity for investors, developers, or owner-occupiers. For details on revenue and expenses, contact us today and schedule your private viewing! (id:47421)
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Detailed Information
Equipment
Unknown
Ownership Type
Freehold
Property Type
Retail
Rental Equipment
Unknown
Transaction Type
For sale
Zoning Description
C6
Business
Business Type
Retail and Wholesale
Business Subtype
General retail
Building
Cooling Type
Central air conditioning
Fire Protection
Fire alarm system
Heating Type
Forced air
Type
Commercial Mix
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Sewer
Municipal sewage system
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