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142 Algonquin Blvd E

1,100 SF 100% Leased Office Building Timmins, ON P4N 1A7 £187,130 (£170/SF) 7.73% Net Initial Yield

Office Space Ontario Timmins 142 Algonquin Blvd E, Timmins, ON P4N 1A7

Executive Summary

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 $26,200, this property offers an exceptional Cap Rate.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
1,100 SF
Building Class
C
Year Built
1950
Price
£187,130
Price Per SF
£170
Net Initial Yield
7.73%
NOI
£14,463
Percent Leased
100%
Number of Floors
1
Typical Floor Size
1,100 SF
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Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(416) 443-9000

Contact

  • Listing ID: 33933699

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 142 Algonquin Blvd E, Timmins, ON P4N 1A7

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142 Algonquin Blvd E
(416) 443-9000 x

142 Algonquin Blvd E

Spencer Grimes

(416) 443-9000

(416) 443-9000

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