227-229 Pearl ST, Thunder Bay, ON P7B1E3
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227-229 Pearl ST, Thunder Bay, ON P7B1E3
227-229 Pearl ST, Thunder Bay, ON P7B1E3
227-229 Pearl ST, Thunder Bay, ON P7B1E3
227-229 Pearl ST, Thunder Bay, ON P7B1E3
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$ 1,350,000
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227-229 Pearl ST Thunder Bay, ON P7B1E3

12,000 SqFt


UPDATED:

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


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Listed by ROYAL LEPAGE LANNON REALTY

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Frank Zanatta
Frank Zanatta

Agent | License ID: 5027528

+1(807) 251-2071

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227-229 Pearl ST