1720 ALGONQUIN Avenue
North Bay, Ontario
MLS® 40761654
$725,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 40761654
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 2Listing 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 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.
Property summary
- MLS® number
- 40761654
- Property type
- Retail
- Building type
- Retail
- Square footage
- 1,800 sq ft
- Title
- Freehold
- Annual property taxes
- $17,294.59
- Days on market
- 372 days
Features & details
- Basement
- Partial
- Exterior features
- Brick
- Lot features
- Paved driveway
- Community features
- High Traffic Area
What would this home cost you?
Based on the $725,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Vancor Realty Inc., Cambridge.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.