39 Durham Street Sudbury Ontario Canada P3E3M2

Property description

Perfectly located in the heart of Downtown Sudbury, 39 Durham Street presents a turn-key investment opportunity with strong and reliable cash flow. The property features five street-level retail units with established tenants in place, providing immediate income stability. The second floor consists of four office units currently used for commercial purposes, with excellent potential for conversion into residential apartments to further enhance income and overall return on investment. Zoned C6 – the City’s most flexible designation, the property allows for a wide range of future uses, including commercial, office, and multi-residential development, offering exceptional upside potential. Strategically situated in a high-traffic area, the property benefits from close proximity to municipal parking, government offices, hotels, restaurants, Place des Arts, Laurentian University, and public transit—making it highly attractive for both tenants and future development. With potential financial incentives available through the City of Greater Sudbury, this is a rare opportunity for investors, developers, or owner-occupiers to acquire a high-potential asset in one of the city’s most desirable locations. (id:374)