477 Main Street E

$5,275,000
Single Tenant Property with GoodLife Fitness on a Long Term Lease

46.3054293, -79.4601395

Main Intersection
Main Street E & Regina Street
Location
Nipissing
Address

477 Main Street
North Bay ON P1B 1B6
Canada

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Building Information

Overall Building Size
21,432 SF
Zoning
General Commercial Outer Core (C2)
Frontage
± 270 feet
Depth
± 119 feet
Lot Area
0.84 acres
Property Highlights

The Property is located at 477 Main Street East in downtown North Bay, Ontario, along the city’s primary east–west commercial corridor. Main Street East serves as a key arterial roadway connecting surrounding residential neighbourhoods to North Bay’s broader retail and service commercial areas. The surrounding area features a mix of national retailers, quick service restaurants, automotive uses, and service oriented businesses. The Property also benefits from close proximity toBoart Longyear Memorial Gardens, a 4,000+ seat arena and home of the North Bay Battalion (OHL), which hosts regular sporting events and community programming that generate consistent visitor traffic to the surrounding area.

The Property comprises a freestanding two storey commercial building totaling 21,432 square feet situated on a 0.84 acre parcel. The building features prominent exterior signage along Main Street East and is purpose built for fitness use, with expansive open floor areas, high ceilings, large windows, and a functional interior layout distributed across two levels. The second storey accommodates additional fitness space consistent with full service gym operations.

The site provides direct frontage along Main Street East, with additional exposure along Regina Street and Oak Street. The Property includes approximately 60 surface parking stalls located on site, supporting strong member traffic and peak usage associated with the 24 hour GoodLife Fitness operation.

Details
  • 100% leased to GoodLife Fitness
  • 21,432 SF freestanding building on 0.84 acres
  • Corporate covenant with 400+ locations across Canada
  • NNN lease structure with no day-to-day management
  • Only GoodLife banner location in North Bay (Open 24 hours)
  • Long term lease commitment with expiry in 2034
  • Destination location along Main Street with consistent daily traffic
  • Canada’s most recognized fitness brand with 1.5 million members
  • Recent investment from Apollo Global further enhancing institutional confidence

Details

Principal Confidentiality Agreement: