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Renanza Realty
For sale

2-6 NINTH STREET

Hearst, Ontario

MLS® T12696634

$625,000

Status
Active
Property type
Retail
MLS® number
T12696634
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Amazing opportunity to own a ton of commercial square footage! This commercial property offers a total of 12,087 sqft of commercial space, vacant and ready for your business. A rare find in the Town of Hearst, located right off Front St and a short walk away from downtown it gives you as much visibility as possible, a key to business success.

The property has 900 sqft of office space on the 2nd level, currently divided into 5 offices, a bathroom and a storage closet. The basement has 4,550 sqft of open storage, an employee washroom and a break room, a utility room as well as a fully functioning conveyor belt making it the perfect space to store inventory. The main floor gives you a total area of 6637 sqft with 4550 sqft of storefront space ready to use and the remaining 2087 sqft was previously used as a packaging area but could be converted to accommodate your business needs, there is also an accessible customer washroom.

Finally, you will find a second unfinished basement of 2087 sqft previously used as filing storage. The property is zoned as C1 giving you many business endeavour opportunities! The property has a backup generator meaning no business is lost when the power goes out.

Some upgrades done on the building include a new water demand and boiler system installed in 2014, an updated air conditioning unit in 2016, a new membrane on the second floor in 2013, a new membrane on the first floor in 2016 and an inspection of the tar and gravel roof in 2022 confirming it is still in impeccable condition. This is a rare opportunity that you won't want to miss.

Property summary

MLS® number
T12696634
Property type
Retail
Size
7,539 sq ft
Land size
Bldg=165 x 66 FT
Annual property taxes
$12,602.68
Days on market
258 days

Features & details

Heating
Forced air, Natural gas
Cooling
Unknown

What would this home cost you?

Based on the $625,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,908 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX CROWN REALTY (1989) INC, Timmins.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.