16
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$1,350,000
Est. payment /mo
12,000 SqFt
Active
227-229 Pearl ST Thunder Bay, ON P7B1E3
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 12000
Square Footage 12,000 sqft
Price per Sqft $112
Subdivision Thunder Bay
MLS® Listing ID TB2600210
Lot Size 0.320 Acres
Acres 0.32
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Boiler,
Exterior
Parking Features No
Community Features Bus Route
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by ROYAL LEPAGE LANNON REALTY
NEARBY SCHOOL & BUSINESS
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