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