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$949,900
Available - For Sale
Listing ID: X12481354
Exceptional commercial investment with a reliable, government-backed tenant Canada Post Corporation. This well-maintained property offers stable long-term income and steady cash flow. Ideal for investors seeking a secure, recession-resistant asset. Located in a high-traffic area with strong community presence. Triple-net lease in place with solid returns and minimal management required. This income generating cash cow has 5 units with solar income. This income-generating asset offers diversified revenue streams with reliable rent roll and additional solar panel income. Well-maintained building in a prime, high-visibility location. potential to increase income. Vacant office and storage units in the basement. Enjoy consistent cash flow from long-term leases and renewable energy returns. .
Price $949,900
Taxes: $8,583.52
Tax Type: Annual
Occupancy by: Tenant
Address: 29 Simcoe Plaza F N/A , Terrace Bay, P0T 2W0, Thunder Bay
Postal Code: P0T 2W0
Province/State: Thunder Bay
Legal Description: Plan M121 Pt Lot 297
Directions/Cross Streets: Trans-Canada Highway 11-17
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Retail
Use: Retail Store Related
Building Percentage: T
Total Area: 4,096
Total Area Code:  Square Feet
Office/Appartment Area: 3199
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 31-50
Franchise: F
Days Open: O
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE CERTIFIED REALTY

29 Simcoe Plaza F N/A , Terrace Bay, P0T 2W0, Thunder Bay


 
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At a Glance:
Type: Com - Commercial Retail
Area: Thunder Bay
Municipality: Terrace Bay
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 91.92(Feet)
Approximate Age: 31-50
Tax: $8,583.52
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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