1720 Algonquin AVE, North Bay, ON P1B 4Y9
1720 Algonquin AVE, North Bay, ON P1B 4Y9
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$ 725,000
Est. payment | /mo

1,800 SqFt


Save
$ 725,000
Est. payment | /mo
Save

1,800 SqFt

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $402

MLS Listing ID 40761654

Abv Grd Liv Area 1,800

Annual Tax Amount $17,294

Property Sub-Type Building and Land

Source Cornerstone

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 with rent at $900 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. This is a prime location with great income.

Location

Province ON

County Nipissing

Area North Bay

Zoning C4

Direction ALGONQUIN AVE

Rooms

Basement Partial

Kitchen 0

Interior

Interior Features High Speed Internet

Fireplace No

Exterior

Parking Features Asphalt

Utilities Available Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Street Lights, Phone Connected

Lot Frontage 59.94

Lot Depth 91.05

Garage No

Building

Lot Description Airport, High Traffic Area, Highway Access, Hospital, Public Transit

Faces ALGONQUIN AVE

Story 1

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 491570021

Ownership Freehold/None

Listed by Vancor Realty Inc.

Nearby Locations

Kseniya Pichardo Martinez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1720 Algonquin AVE