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$1,350,000

0 Beds 0 Baths 12,000 SQFT 0.32 Acres
Type: Commercial

227-229 Pearl ST
Thunder Bay, ON P7B1E3

MLS#: TB2600210
Yulia Skripaleva
Yulia Skripaleva
Condo Digs
Sales Representative
Phone: 647.989.3913
Office: 416.883.0892
Presented by: ROYAL LEPAGE LANNON REALTY

Property Description

 

**FOR SALE***HUGE INVESTMENT PROPERTY*** PRIME DOWNTOWN WATERFRONT DISTRICT*****11,880 sf + 3 Parking Lots**8% CAP RATE* PERFECT FOR INVESTMENT**Annual Rent Potential $155,000+: Lower Level-$64,979.86 (Leased) + 2nd Floor-$25,066.50 (Leased)+ Main Floor $64,000(Currently Vacant) *** Full NEW Commercial Kitchen 2024** Eating & Bar Area in Basement. **Stage** + Natural Hardwood Dance Floor- Wide Open Space, 2 Office Spaces+ Bathrooms. Brand new Boiler System Installed in (2023); with Plenty of Parking in PRIME DOWNTOWN PORT ARTHUR LOCATION!!*INCLUDES 3 ADJACENT, PARKING LOTs (33' X 165')* Currently Basement & 2nd Floor are Leased, Main Floor is vacant Open Concept banquet hall Stage, dance floor and wide open space on main floor along with additional rentable office space on main floor with 2-piece bathroom. Second floor includes 8 total individual offices paces plus boardroom and storage room with two complete bathrooms *VACANT IMMEDIATE POSSESSION**Please Call Anytime for Details & Showings. (id:7434)


 

Interior Features

Other Interior Features

Basement TypeFull
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeBoiler
Living Area Range12,000 sqft

General

Building Ageover 26 years
Building AmenitiesStorefront, Street Lighting
Building.StoriesTotal2
Business Sub TypeWarehouse, Institution, Manufacturing, General commercial, Other, Offices, Recreation, Restaurant, Food store, General retail, Business, Residential
Business TypeIndustrial, Institutional, Manufacturing, Other, Other, Other, Recreation, Restaurant, Retail and Wholesale, Retail and Wholesale, Retail and Wholesale, Residential
Community FeaturesBus Route
CommunityNameThunder Bay
FeaturesOffice space
Foundation TypePoured Concrete
Location DescriptionDowntown Waterfront District North Ward Across from the Casino on Pearl Street between Court Street and Cumberland Street.
Property TypeRetail

Exterior

Exterior FinishBrick
SewerMunicipal sewage system

Additional Details

  

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$1,350,000

0 Beds 0 Baths 12,000 SQFT 0.32 Acres
Type: Commercial

227-229 Pearl ST
Thunder Bay, ON P7B1E3

MLS#: TB2600210
Yulia Skripaleva
Yulia Skripaleva
Condo Digs
Sales Representative
Phone: 647.989.3913
Office: 416.883.0892
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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