187 Main Street

Investment Opportunity - Fully Tenanted Mixed-Use Building.An excellent opportunity to acquire a fully tenanted mixed-use investment property in the heart of North Bay. This well-maintained building features a main-floor commercial retail space complemented by four residential apartments, providing diversified income from both commercial and residential tenants.Offering an attractive 7.5% cap rate, this property is ideal for both first-time investors seeking a solid income-producing asset and experienced investors looking to expand an established portfolio. With stable tenancy already in place, this is an opportunity to generate immediate cash flow from day one.North Bay continues to be recognized as one of Northern Ontario's most desirable communities for investment. As the regional service hub for Northeastern Ontario, the city offers a diverse economy supported by healthcare, education, government services, transportation, tourism and small business. Home to Nipissing University and Canadore College, North Bay attracts students, professionals and families, helping sustain demand for quality rental housing.Known as the "Gateway to the North," North Bay offers an exceptional lifestyle with hundreds of nearby lakes, outstanding fishing, boating, beaches, skiing, snowmobiling, hiking, golfing and year-round recreational opportunities. Its combination of affordability, natural beauty and economic stability continues to attract residents, businesses and investors alike.Whether you're looking to purchase your first investment property or add a strong income-producing asset to your portfolio, this fully occupied mixed-use building offers immediate revenue, long-term investment potential and an opportunity to own in one of Northern Ontario's most attractive and growing communities.