1720 Algonquin Avenue North Bay, Ontario P1B 4Y9

3,220 ft2

$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:47351)

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