1720 ALGONQUIN Avenue, North Bay, Ontario, P1B4Y9

Property Description

VTB OPTIONS AVAILABLE! 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 (net lease), and a smaller retail unit available for owner use or a new tenant. 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:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 3,220 sq ft (299.1 m²)
• Ownership: Freehold
• Frontage: 60 ft (18.3 m)

Costs

• Annual Taxes: $17,294.59

Listing Provided by: Vancor Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.