227-229 Pearl ST, THUNDER BAY

2026-02-10
 

Quick Summary

Location
227-229 Pearl ST, THUNDER BAY, Ontario P7B1E3
Price
$1,350,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
12000 sqft

MLS®#TB2600210

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:32467)

Property Features

Building

  • Amenities: Storefront, Street Lighting
  • Basement Type: Full
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 12000 sqft
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Office space

Land

  • Land Size: 0.32 ac|under 1/2 acre
  • Sewer: Municipal sewage system

Information entered by ROYAL LEPAGE LANNON REALTY
Listing information last updated on: 2026-02-11 00:56:25


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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