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:13843)
| MLS # | 40761654 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Days On Site | 428 |
| Listing Provided By | Vancor Realty Inc. | Corry Van Iersel |
| SQ Feet | 1,800 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Zoning | C4 |
| Fireplace Yes / No | No |
|---|
| Lot Features | Paved driveway |
|---|---|
| Foundation Details | Poured Concrete |
| Utilities | Natural Gas, Electricity, Telephone |
|---|---|
| Sewer | Municipal sewage system |
| Water Source | Municipal water |
| Tax Annual Amount | 17294.59 |
|---|
| Province | ON |
|---|---|
| City | North Bay |
| Postal Code | P1B4Y9 |
| Community Name | Widdifield |
| Province | ON |
|---|---|
| City | North Bay |
| Postal Code | P1B4Y9 |
| Community Name | Widdifield |