1720 ALGONQUIN Avenue, North Bay, Ontario, P1B4Y9
MLS: 40761654 | Retail
$775,000
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®.
Detailed Features
Interior & Systems
- Basement: Partial
- Utilities: Natural Gas, Electricity, Telephone
Exterior & Construction
- Exterior: Brick
- Foundation: Poured Concrete
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 60 ft (18.3 m)
- Features: Paved driveway
- Zoning: C4
Community & Neighbourhood
- Community: High Traffic Area
- Subdivision: Widdifield
Listing Information
Listing History
MLS listing activity for 1720 ALGONQUIN Avenue, North Bay, Ontario, P1B4Y9 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Mortgage & Cost Calculators
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1720 ALGONQUIN Avenue, North Bay, Ontario, P1B4Y9