1720 Algonquin Avenue North Bay, Ontario P1B 4Y9
$799,000
1720 Algonquin Avenue in North Bay presents an excellent commercial investment opportunity in a high-traffic, high-exposure location. The property features two units within one building, including a larger space currently leased long-term to a successful takeout restaurant paying $3,876 plus HST per month, and a smaller retail unit occupied by a promotional products store paying $636.72 plus HST per month. The site offers exceptional visibility, easy access, and a large parking lot with plenty of spaces, making it attractive to both tenants and customers. With strong existing rental income and the potential for continued stability, this property is well-suited for investors seeking a reliable cash-flowing asset in one of North Bay’s busiest commercial corridors. (id:50886)
Property Details
MLS® Number | 40761654 |
Property Type | Retail |
Amenities Near By | Airport, Hospital, Public Transit |
Communication Type | High Speed Internet |
Community Features | High Traffic Area |
Features | Paved Driveway |
Building
Basement Type | Partial |
Exterior Finish | Brick |
Foundation Type | Poured Concrete |
Stories Total | 1 |
Size Exterior | 3220.0000 |
Size Interior | 3,220 Ft2 |
Utility Water | Municipal Water |
Land
Access Type | Highway Access |
Acreage | No |
Land Amenities | Airport, Hospital, Public Transit |
Sewer | Municipal Sewage System |
Size Depth | 91 Ft |
Size Frontage | 60 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C4 |
Utilities
Electricity | Available |
Natural Gas | Available |
Telephone | Available |
https://www.realtor.ca/real-estate/28751298/1720-algonquin-avenue-north-bay
Contact Us
Contact us for more information
Corry Christopher Van Iersel
Broker of Record
www.vancorgroup.com/
5-697 Coronation Blvd
Cambridge, Ontario N1R 3G5
(519) 242-0277
www.vancorgroup.com/