142 Algonquin BLVD E Active

Timmins,ON P4N 1A7

$ 229000

- Bed

- Bath

1176 SqFt


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

Province ON

County Cochrane

Area Cochrane

Interior

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 30.42

Lot Depth 103.87

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