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$1,350,000
Ontario,Thunder Bay
For Sale Active
227-229 Pearl ST, Thunder Bay, Ontario P7B1E3
  • 12,000 Sqft
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Basic Details
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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: TB2600210
  • Price: $1,350,000
  • Square Footage: 12,000 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 52504
Features & Appliances
Features
  • Heating System: Boiler, Natural gas
  • Basement: Full
  • Parking: Other
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Electricity, Cable, Telephone
Address Map
  • Location: CA, Ontario, Thunder Bay, P7B1E3
  • Longitude: W90° 46' 37.3''
  • Latitude: N48° 25' 59.8''
Additional Information
  • Water Source:
  • Business Type: Industrial,Institutional,Manufacturing,Other,Recreation,Restaurant,Retail and Wholesale,Residential
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 0.32
  • Stories: 2.0
Financial
  • Tax Annual Amount: 19944.41
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Listing updated: 2026-04-25 00:46:17
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Listing Information
  • List Agent Key: 1958937
  • List Office Key: 52504
  • Modification Timestamp: 2026-02-11T01:11:06Z
  • Originating System Name: Thunder Bay Real Estate Board
  • Status Change Timestamp: 2026-02-11T00:56:25Z
Powered by REALTOR.ca
Listing updated: 2026-04-25 00:46:17
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