1720 Algonquin Avenue North Bay, Ontario P1B 4Y9

$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:19593)

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