3851 HWY 588, Thunder Bay Remote Area (Strange)

$399,900

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About this property

Business with Property for Sale - Rare opportunity to own a mixed-use commercial property with multiple income streams on over 20 acres in the Whitefish Lake / Suomi area. Property features a well-established general store with attached 3-bedroom owners residence, offering convenient live/work potential. Also included is a newly constructed approximately 400 sq. ft. take-out restaurant building, fully equipped for pizza, burgers, and ice cream service, providing additional turnkey revenue opportunity. Additional improvements include a 60 ft. x 30 ft. garage/workshop, ideal for storage, service, or business expansion. The expansive 20+ acre parcel offers significant future development potential, including possibilities for trailer park development, storage units, or other commercial/residential uses. High visibility location serving the surrounding rural and recreational community. Ideal for owner-operators, investors, or entrepreneurs seeking diversified income and growth potential.Property Highlights: General store business with attached 3-bedroom residence - Separate 400 sq. ft. take-out restaurant (new build, fully equipped) - 60 x 30 garage/workshop - 20+ acres of land - Multiple income streams - Development potential (id:66939)

Property details

Price
$399,900
Lot size
21 acres
Property type
Retail
Basement
Other, See Remarks, N/A
MLS® number
X13250406

Location

Map showing the location of 3851 HWY 588, Thunder Bay Remote Area (Strange)

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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.