$1,350,000
( )
 $7,247 est/mo Sourced by Back At You

227-229 Pearl Street,Thunder Bay (Court / Cumberland), ON P7B1E3

Thunder Bay (Court / Cumberland), ON P7B1E3

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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:13843)

Details

MLS #X13244182
Listing TypeFor Sale
StatusActive
Days On Site276
Listing Provided ByRoyal LePage® Lannon Realty | ENZO RUBERTO

Features

Bath(s) 10 Total
BasementY
ZoningDowntown Neighborhood Zone
Acreage0.32

Interior

HeatingNatural gas, Other
Fireplace Yes / NoNo

Exterior

Lot FeaturesIrregular lot size
Foundation DetailsPoured Concrete

Parking

Parking Total50

Utilities

UtilitiesCable, Telephone, Natural Gas Available, Electricity Connected
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount19944.41

Area Information

ProvinceON
CityThunder Bay (Court / Cumberland)
Postal CodeP7B1E3
Listing VS Median (in P7B1E3)
Price:
$1,350,000
low | high
Med:
$0
On site:
276
low | high
Med:
Sourced by Back At You

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Additional Information


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Learn More About This Property

ProvinceON
CityThunder Bay (Court / Cumberland)
Postal CodeP7B1E3
Listing VS Median (in P7B1E3)
Price:
$1,350,000
low | high
Med:
$0
On site:
276
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.012M - $1.687M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
16 CUMBERLAND STREET S Property Photo 1
$1,099,999
16 Cumberland Street S
Thunder Bay (court / Cumberland), ON P7B2T2
Listing Updated: September 29, 2026 at 6:01:43 AM PDT