1720 ALGONQUIN Avenue

$725,000

Widdifield, North Bay, Ontario

  • 1,800 square feet
Commercial · RetailType
378Days on market
$403 / sqftPrice / sqft

About this property

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. (id:66327)

Property details

Interior

Living area
1,800 square feet
Building area
1800
Storeys
1
Basement
Partial

Exterior & parking

Structure type
Retail
Architectural style
[]
Exterior features
Brick

Financial & legal

List price
$725,000
Price / sqft
$403 / sqft
Annual taxes
$17,295
Tenure
Freehold
Status
Active
MLS® number
40761654

Location

City
North Bay
Neighbourhood
Widdifield
Province
Ontario
Postal code
P1B4Y9
Directions
ALGONQUIN AVE

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).