3080 Old Hwy 69 Highway, Greater Sudbury (Valley East), Ontario, P3N1C8
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$8,250,000
Greater Sudbury
This retail property in Greater Sudbury is for sale offering roughly 37,760 sq ft of space.
Exceptional investment opportunity to acquire a modern, FULLY LEASED professionally managed, fully leased retail plaza situated on approximately 1.46 acres with outstanding visibility along Old Highway 69 in Val Caron. Built in 2011, this well-maintained, single-storey property offers approximately 17,225 sq. ft. of leasable area and is anchored by quality national and established tenants including Scotiabank, Rexall Drugstore, A&W, and Topper's Pizza. Featuring long-term leases, secure and stable income, and excellent tenant covenant strength, this is an outstanding opportunity for investors seeking a premium income-producing asset with long-term growth potential in one of Greater Sudbury's established commercial corridors. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 119 days on market, against an average age of 65 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 26 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Greater Sudbury (Valley East) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $8,250,000, about 77.1× the local median household income of $107,000.
Carrying it typically needs a household income of about $1,611,514 (20% down, 25-yr amortization, stress-tested) — roughly 1406% above the area median.
Source: Statistics Canada, 2021 Census (FSA P3N)
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