REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 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
Zoning EA-CG
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 30.42
Lot Depth 103.87
Listed by ALLOWAY PROPERTY GROUP LTD.