Commercial Property for Sale in Inuvik, Northwest Territories

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Commercial Property for Sale in Inuvik, Northwest Territories

Commercial Property for Sale in Inuvik, Northwest Territories

For Sale $ 840,000
LOCATION: Inuvik Northwest Territories Canada
CATEGORY: Commercial Real Estate
INDUSTRY: Commercial Buildings for Sale or Lease
LISTING TYPE: Commercial Properties for Sale

124 MACKENZIE ROAD
Inuvik, Northwest Territories

Centrally located commercial property in the heart of the downtown business core. The C 1 (Commercial Core) zoning allows for a wide variety of uses including retailing and the hospitality industry. (It is currently home to the Mad Trapper Bar but the space is ripe for re-development and could easily be repurposed for other business functions.) The lot located beside the CIBC and NorthMart is 12,000 sf in size with 100' of frontage on Mackenzie Road Inuvik's main street. The building is 11,868 sf in size with 6990 sf on the ground floor. The 4878 sf second floor contains 9 fully leased apartments (4 x 1 bedroom and 5 bachelor units). The 1964 vintage building was extensively renovated in 1995 with additional ongoing renovations. Key building specs are: pre-engineered steel framing, torch-on roofing over steel panels, wood and steel panel cladding, 3 gas boilers plus a back-up forced air furnace, 600 amp electrical service. (25367315)

Jim Weller COLDWELL BANKER NBS