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1 HUDSON BAY AVE N, COBALT, Ontario P0J1C0

  • Bed 0
  • Bath 0
  • Square Footage 0
  • Type Retail
  • MLS# TM162239

$125,000

Active

About the Listing

BUILT IN 1949 THE FATHER LES COSTELLO ARENA IN COBALT IS AT THE CENTER OF THE PROUD HISTORY OF THE NORTHER ONTARIO HOCKEY ASSOCIATION. THIS NON-COMMERCIAL SPORTS AND FITNESS COMPLEX IS AS SOLID AS IT WAS THE DAY IT WAS BUILT AND HAS SERVED THE PEOPLE OF NORTHER ONTARIO WELL FOR MORE THAN 60 YEARS. THE STRUCTURE IS CURRENTLY BEING RE-ZONED TO LIGHT INDUSTRIAL TO SUPPORT THE POTENTIAL CREATION OF A NEW ERA OF USE IN THE FUTURE . THE TOWN IS CURRENTLY SEVERING A PORTION OF THE CURRENT LAND PARCEL TO THE EAST OF ARGENTITE STREET ACROSS FROM THE ARENA TO REDUCE THE SIZE OF THE PROPERTY.CURRENTLY THE BUILDING IS BEING USED TO HOUSE THE 'HOIST ROOM' GYM WHICH GENERATES REVENUES OF $20-25, 000/YR. THE POTENTIAL FOR FUTURE USE IS LIMITED ONLY BY THE IMAGINATION OF THE ENTREPRENEUR, INDOOR STORAGE FACILITY, AUTO/TRUCK/BOAT STORAGE, OR REPAIR CENTER, INDUSTRIAL PRODUCTION CENTER FOR THE RECONFIGURATION OF LOCAL NATURAL RESOURCES INTO FINISHED PRODUCTS. OPPORTUNITIES LIKE THIS ONE ARE RARE.

Atlas World Real Estate

Atlas World Real Estate Corp.

  • Office: (519) 793-4477

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Property Details for 1 HUDSON BAY AVE N, COBALT, Ontario P0J1C0

Lot Size: 0.0000 Acres

Year Built: 2016

Neighborhood: COBALT

Room Information for 1 HUDSON BAY AVE N, COBALT, Ontario P0J1C0

No Information Available.

School Information for 1 HUDSON BAY AVE N, COBALT, Ontario P0J1C0

No Information Available.

Interior Features for 1 HUDSON BAY AVE N, COBALT, Ontario P0J1C0

Heating: Forced air

Exterior Features for 1 HUDSON BAY AVE N, COBALT, Ontario P0J1C0

No Information Available.

Financial Considerations for 1 HUDSON BAY AVE N, COBALT, Ontario P0J1C0

Tax/Property ID: TM162239




Monthly Payment = $0

  • Principal and Interest $0
  • Taxes $0
  • Homeowners Ins $0
  • Mortgage Ins $0.00
Years
30
Down
20%
Rate
4%

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