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222 George Street
201-Sydney Sydney B1P 1J3

$495,000
Commercial 3,020 sq. ft. built: 1904

Main Photo: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 1: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 2: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 3: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 4: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 5: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 6: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 7: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 8: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 9: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 10: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 11: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 12: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 13: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 14: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 15: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 16: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 17: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 18: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 19: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Photo 20: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202111657
Bus Major:
Educational
A professional three storey office building plus a 2 unit apartment building located side by side in the heart of downtown Sydney and directly on a bus route. The main building at 222 George has amenities over the three floors including washrooms and kitchen facilities. The building is set up in such a way that you could have one user or multiple users over the 3 floors. The building has been well maintained over the years and considered to be in a move-in condition. There are several offices over the three floors with a mix of private offices, shared offices and open concept offices with work stations. The heating system is a blend of oil hot water and electric baseboard heaters. As a special bonus and included in the price is the over/under duplex containing two 2 bedroom self contained units bringing in a net income of approx.$14,000. per year.
Listing Sub-Area:
201-Sydney
Property Type:
Commercial
Commercial Type:
Other
Major Bus Type:
Educational, Office, Residential Units
Title To Land:
Freehold
Year built:
1904 (Age: 117)
Age:
117
Main Living Area:
3,020 sq. ft.
Floor Area:
8,976 sq. ft.
Building Dimenions:
Build 1=88x34 Build 2=27x23
Prop Size:
Under 0.5 Acres
Lot Details:
11726 sq.ft.
Outside Dimenions:
88x34
Zoning:
NEDF
Construction:
Wood Frame
Parking:
Yes
Driveway:
Multiple Driveways, Paved
Garage Description:
none
Parking Description:
Loads of paved parking rear and side of building
# Floors:
3
Floor Finish:
Wood
Roof:
Other
Heating:
Baseboard, Furnace, Hot Water
Fuel:
Electric, Oil
Fire Protection:
Alarm, Hydrant, Smoke Detector
Water Supply:
Municipal
Utilities:
Electrical, Municipal Water, Sewer, Telephone
Wheelchair Accessible
Cleared, Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location
Living Accommodations, Security System
All fixed equipment.
All office furnishings of owners and all equipment in "Server Room" to be excluded.
Furnace
No
Three (3) PIDs
Assessment:
307000.0
Assessment Year:
2021
Rental Income:
Yes
Net Income:
14000
Gross Revenue:
22200
Betterment Charges:
none
Total Expenses:
8200 approx.
Property Taxes Payer:
Owner
Heating Payer:
Owner
Hydro Payer:
Owner
Water Payer:
Owner
Insurance Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Owner
Lease 1 - Type:
# Residential Units
Lease 1 - Expiration Date:
Month - Month
Lease 1 - Occupant:
Tenant
Lease 1 - Rental Rate:
950
Lease 2 - Type:
# Residential Units
Lease 2 - Expiration Date:
Month - Month
Lease 2 - Occupant:
Tenant
Lease 2 - Rental Rate:
950
Possession Info:
TBN
Listed Date:
May 13, 2021
Days on Mkt:
42
  • Photo 1: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 2: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 3: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 4: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 5: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 6: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 7: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 8: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 9: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 10: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 11: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 12: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
    Electrical room 400 Amp servic
  • Photo 13: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 14: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
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  • Photo 15: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
    2 unit Apt Building
  • Photo 16: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
    Photo 16 of 20
  • Photo 17: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
    Paved parking
  • Photo 18: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
    Paved parking
  • Photo 19: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
    Rear
  • Photo 20: 222 George Street in Sydney: 201-Sydney Commercial  (Cape Breton)  : MLS®# 202111657
    Photo 20 of 20
Data was last updated June 24, 2021 at 03:20 AM (UTC)
Roy Milley