About 164 Princess St

USER OPPORTUNITY-Classic downtown creative studio/office building- full floors only, concrete structure with windows on 4 sides. Requires entire building renovation.
Final 2015 Taxes $32,056.74
Two tenants month to month
4th floor tenant is paying $14 net  plus additional rent of $4.50 on 3,234 sqft for total of $5,633.89 monthly(including HST) 
Main floor Tenant is paying $17 net plus addition rent of $4 on 2,634 for total of $5,208.74 monthly(include HST) 

Gas fired hot water radiant heat ( no ac)
15 year roof in good condition
Unimproved building
No co-operating fee…co-op agents will need to receive their commission from Buyer
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Tim Novak

Metropolitan Commercial Realty Inc., Brokerage

Vice President

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  • Elevator
  • Property Type Office
  • Zoning CRE
  • Building Class C
  • Sale Price $6,900,000
  • Net Operating Income $0
  • Total Available Space 16,170 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 16,170 SF
  • Max Contiguous 16,170 SF
  • Building Size 16,170 SF
  • Number Of Floors 5
  • Average Floorplate 3,234 SF
  • Year Built 1920

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