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$ 229,000
Est. payment /mo
Price Dropped by $70K
142 Algonquin BLVD E Timmins, ON P4N 1A7
1,176 SqFt
UPDATED:
01/21/2025 09:01 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,176 sqft
Price per Sqft $194
MLS Listing ID X9266393
Annual Tax Amount $3,822
Tax Year 2024
Property Description
Welcome to 142 Algonquin Blvd East! This budget-friendly commercial office space is an ideal opportunity for investors or business owners. Featuring private parking for up to 6 vehicles and over 1,100 square feet of space, this office is perfectly situated and move-in ready with newly installed flooring. The roof was replaced just 2 years ago. Benefit from high foot traffic, an excellent walk score, two street entrances, and a private entrance from the parking area. The building can be easily divided to suit your needs, and the infrastructure is set up for convenience. With a Net Operating Income (NOI) of $17,547 and Projected Net Rent of $28,700, this property offers an exceptional Cap Rate.
Location
State ON
County Cochrane
Area Cochrane
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 30.42
Lot Depth 103.87
Listed by ALLOWAY PROPERTY GROUP LTD.