227-229 PEARL STREET, Thunder Bay (Court / Cumberland)

$1,350,000 · 10 Bath

227-229 PEARL STREET, Thunder Bay (Court / Cumberland) — photo 1227-229 PEARL STREET, Thunder Bay (Court / Cumberland) — photo 2227-229 PEARL STREET, Thunder Bay (Court / Cumberland) — photo 3227-229 PEARL STREET, Thunder Bay (Court / Cumberland) — photo 4227-229 PEARL STREET, Thunder Bay (Court / Cumberland) — photo 5227-229 PEARL STREET, Thunder Bay (Court / Cumberland) — photo 6227-229 PEARL STREET, Thunder Bay (Court / Cumberland) — photo 7227-229 PEARL STREET, Thunder Bay (Court / Cumberland) — photo 8227-229 PEARL STREET, Thunder Bay (Court / Cumberland) — photo 9

About this property

**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:66939)

Property details

Price
$1,350,000
Bathrooms
10
Lot size
0.32 acres
Parking
50
Property type
Retail
Basement
Full
MLS® number
X13244182

Location

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Listing courtesy of ROYAL LEPAGE LANNON REALTY. Source board: Thunder Bay Real Estate Board.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.