65 Larch Street
Sudbury, Ontario
MLS® 2129397
$3,900,000
- Status
- Active
- Property type
- Office
- MLS® number
- 2129397
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 24Listing description
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.
Property summary
- MLS® number
- 2129397
- Property type
- Office
- Building type
- Commercial Mix
- Title
- Freehold
- Land size
- IRREGULAR
- Parking
- Parking Space(s)
- Days on market
- 63 days
Features & details
- Heating
- Forced air
- Cooling
- Central air conditioning
- Flooring
- Tile, Carpeted
What would this home cost you?
Based on the $3,900,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE, SUDBURY.
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.