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Terms of Use

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Tony Belluz may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

1725 HWY 61, Thunder Bay

$1,299,000

RARE INVESTMENT AND DEVELOPMENT OPPORTUNITY! 4 Acres of prime commercial real estate with cash flowing, 4600 sf building! Fully occupied multi unit Plaza with 3 commercial units, drive thru, 2 bedroom residential house and a bonus 22 x 24 detached garage. Rents total $116,400/Year! Very busy location with approx. 7000 Annual Average Dailey Traffic, 3 minutes from the airport and multiple new subdivisions planned for the area. New shingles on entire building and garage in 2019, painted 2020, new vinyl windows 2021, H/E furnaces, LED lights, 400 amp phase 3 power, building very well maintained. Present long-term tenants consist of three commercial components operating under the names of Robins Donuts (11 years), Hodder Greeks (4 years) and Beauty Bar Salon (4 years). A 2-bedroom, 1 bath house occupies the rear portion of the building. Lots of parking. Phase 2 Environmental study completed . Current Owner has owned and operated the property for 11+ years. Call today for more information and to set up a showing.

Property Details

Property Type
Other
Square Feet
4600
Bathrooms
0
Heating
Forced Air
Lot Dimensions
3.98 Ac|3 - 10 Acres
Utilities
Cable - Available
Electricity - Available
Natural Gas - Available
Telephone - Available
Sewer
Septic System
Water
Municipal Water
Amenities
Street Lighting
Internet
High Speed Internet
MLS ID
TB213178
Courtesy of
ROYAL LEPAGE LANNON REALTY

Location

Children's Micracle Network Hospitals

RE/MAX Agents Give Back with Children’s Miracle Network

Our agents at RE/MAX Generations Realty Brokerage contribute a portion of their sales commissions to Children’s Miracle Network member hospitals – a truly worthy cause. Each donation helps fund paediatric medical equipment and treatments, as well as other healthcare services. Read More

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.