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10 Baths

C$1,350,000

227-229 PEARL STREET, Thunder Bay ( Court / Cumberland ) Ontario, P7B1E3

Property typeOther
Courtesy of Enzo Ruberto with Royal LePage® Lannon Realty

Overview

Active

Listed Feb 10, 2026

Updated 6 days ago

**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:41202)

Additional information

MLS® ID
X13244182

Interior Features

Bathrooms
10
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.32 Acres

Other Property Details

Taxes
$19,944
Tax Frequency
Annually

Courtesy of Enzo Ruberto with Royal LePage® Lannon Realty

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