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 available for owner use or a new tenant. 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:4555)
PROPERTY SPECS
Price $799,000
City North Bay, Ontario
Address 1720 ALGONQUIN Avenue
Listing ID 40761654
Square Footage 3220
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeRetailCommunity FeaturesHigh Traffic AreaFeaturesPaved drivewayOwnershipFreeholdBasementPartialSewerMunicipal sewage system