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:63008)
| MLS® Number | 40761654 |
| Property Type | Retail |
| AmenitiesNearBy | Airport, Hospital, Public Transit |
| CommunicationType | High Speed Internet |
| CommunityFeatures | High Traffic Area |
| Features | Paved Driveway |
| BasementType | Partial |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete |
| StoriesTotal | 1 |
| SizeExterior | 3220.0000 |
| SizeInterior | 3220 Sqft |
| UtilityWater | Municipal Water |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Airport, Hospital, Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 91 Ft |
| SizeFrontage | 60 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C4 |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/28751298/1720-algonquin-avenue-north-bay
Corry Christopher Van Iersel
Broker of Record