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214 Pine St 4,218 SF Retail Building Sudbury, ON P3C 1X5 $393,778 USD ($93.36 USD/SF)

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Investment Highlights

Well-maintained property with three self-contained units, each featuring a dedicated entrance, offering flexibility for owner-users, investors.
Approx. 1,000 SF main-floor commercial unit with high-end finishes and excellent street exposure, with the potential for future conversion.

Attractive 2-bedroom apartment available vacant on closing and optionally furnished, suitable for owner-occupancy, short-term rental, or long-term.
Lower-level month-to-month tenancy and zoning flexibility allow for conversion of both non-residential units into residential use.

Executive Summary

Exceptional mixed-use opportunity offering versatility, value, and future upside. This well-maintained property features three units, each with dedicated entrances. The upper unit is a beautiful 2-bedroom apartment that will be vacant upon closing, can be sold furnished, and is available for owner-occupancy, short-term rental, or long-term rental. The main-floor commercial unit (approx. 1000sf) is currently owner-occupied operating as a hair salon, with high-end finishes and providing excellent street presence and flexible use. The lower level previously hosted an apartment and is currently being rented by a massage therapist month-to-month. This property is perfect for owner-occupiers or investors looking to enter the mixed-use market at an exceptional value. Adding to the upside, both the commercial unit and lower level can be easily converted to residential, creating a compelling opportunity to transform the property into a high-performing, cash-flowing triplex with a strong cap rate. A rare chance to secure income, flexibility, and long-term growth all in one property.