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500 Algonquin Avenue

500 Algonquin Avenue

North Bay, ON

  • 3,100 sqft
  • Investment
  • 47 days on market
$499,000

Position your business for success in this centrally located two-storey commercial building offering approximately 3,100 sq. ft. of versatile space. Ideal for office, retail, professional services, or a variety of commercial uses under C5 Zoning. This solid, well-maintained building provides the flexibility to suit your business needs. The property features a full security system with optional monitoring, forced-air natural gas heating, central air conditioning, and a backup generator, ensuring year-round comfort and added peace of mind. Most recently operated as a successful retail/service business, the building was previously home to a restaurant, making it well-suited for a wide range of potential uses. With excellent visibility, a convenient central location, and adaptable layout, this is an outstanding opportunity for entrepreneurs, investors, or businesses looking to establish or expand their presence. Bring your vision-this property offers endless possibilities.

Listing Details

Taxes (2026)
$8,870
Listed
July 23, 2026

Price History

Property

Lot Size
58 x 67 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
ALGONQUIN & FRONT
Zoning
C5
Parcel Number
491560467
Possession
Flexible
Occupancy
Vacant

Commercial

Business Type
Other
Office / Apartment Area
3100 Sq Ft

Included

Inclusions
All desks presently in the building, Generac Generator
Exclusions
None
Rental Items
None

Community

Postal area P1B

Population
33,113
Private dwellings
16,526
Median age
44.4
Average household size
2.1
Median household income
$66,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in North Bay · last 12 months

Median sold price
$430,000
Homes sold
709
Median days on market
16
Sale-to-list price
99.5%

Based on 709 recorded sales of commercial properties in North Bay over the last 12 months.

Listed by

Royal LePage Northern Life Realty, Brokerage

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
3,100 sq ft
Price per sq ft
$160.97
Annual property tax
$8,870
Tax per sq ft
$2.86

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

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