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$229,000
Est. payment /mo
1,176 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,176 sqft
Price per Sqft $194
Subdivision Tne - Central
MLS Listing ID T12111577
Annual Tax Amount $2,822
Tax Year 2024
Property Sub-Type Investment
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
Community Tne - Central
Area Cochrane
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 30.42
Lot Depth 103.87
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Listed by ALLOWAY PROPERTY GROUP LTD.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "