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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

$775,000

Est. payment - /mo

3,220 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 3,220 sqft

Price per Sqft $240

MLS Listing ID 40761654

Abv Grd Liv Area 3,220

Annual Tax Amount $17,294

Property Sub-Type Building and Land

Source Cornerstone

Property Description

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.

Location

Province ON

County Nipissing

Area North Bay

Zoning C4

Direction ALGONQUIN AVE

Rooms

Basement Partial

Kitchen 0

Interior

Interior Features High Speed Internet

Fireplace No

Exterior

Parking Features Asphalt

Utilities Available Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Street Lights, Phone Connected

Lot Frontage 59.94

Lot Depth 91.05

Garage No

Building

Lot Description Airport, High Traffic Area, Highway Access, Hospital, Public Transit

Faces ALGONQUIN AVE

Story 1

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 491570021

Ownership Freehold/None

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Listed by Vancor Realty Inc.

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

1720 Algonquin AVE North Bay, ON P1B 4Y9

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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1720 Algonquin AVE