402 Frood Road Sudbury, Ontario P3C 4Z8
$639,900
Excellent investment opportunity with this well-maintained commercial/residential building in a prime location. The main floor offers a flexible office layout with 7 offices, currently rented for $2,000/month on a triple-net basis (tenant also pays taxes, utilities, and insurance for the entire building). All interior office walls are non-load-bearing, allowing for maximum customization to suit future needs. The upper level, with a separate entrance, features two apartments: a 2-bedroom unit renting for $1,650/month and a loft-style open-concept apartment renting for $850/month—both on month-to-month leases, utilities included. The building is a former TD Bank, exceptionally well-built, and shows pride of ownership. Current owner occupies the main level and is willing to stay as a tenant for at least three more years, or vacate if buyer wishes to occupy. Vendor is also willing to consider a VTB (Vendor Take-Back) for qualified buyers. (id:49187)
Property Details
| MLS® Number | 2124386 |
| Property Type | Other |
| Neigbourhood | The Donovan |
| Equipment Type | None |
| Rental Equipment Type | None |
| Storage Type | Storage In Basement |
Building
| Amenities | Shared Laundry, Shopping Area, Storefront, Vaulted Ceiling |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Laminate |
| Foundation Type | Block, Concrete |
| Heating Type | Boiler |
| Roof Material | Other |
| Roof Style | Unknown |
| Type | Offices |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C3 |
https://www.realtor.ca/real-estate/28798826/402-frood-road-sudbury
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September 03 2025 02:41:43
Sudbury Real Estate Board
RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)