NewFor Sale

29 Simcoe Plaza
Terrace Bay, Thunder Bay, ON, P0T 2W0

Commercial Retail
TRREB
MLS® Number: X13244748
$699,900List Price
Commercial RetailProperty Type
5,800 sq ftSize
$8,001.86 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 29 Simcoe Plaza, Terrace Bay, ON P0T 2W0

0 Transactions by CPRB Agents

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Description

Investor opportunity in one of Terrace Bay’s most sought after commercial locations! This well-established plaza sits in a prime high-visibility area and features 6 total units, offering excellent potential for both immediate income and future growth. Three units are currently occupied, including a major anchor tenant - Canada Post - drawing consistent daily traffic to the property. The remaining three vacant units provide a fantastic opportunity for an investor to increase revenue by bringing in additional tenants. Ideally located near major highways, Lake Superior, and a Tesla charging station, this plaza benefits from strong exposure to both local residents and travelers passing through the area. With existing tenancy, strong location appeal, and room to grow the rental income, this property is a fantastic investment opportunity in one of Terrace Bay’s key commercial hubs. Contact your Realtor today for more information.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$8,001.86 / 2024
Listing #:X13244748
Property Type:Commercial Retail
Size:5,800 sq ft
Land Size:< .50 acres
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE LANNON REALTY

Rooms

Details

Property

Property Type:Commercial Retail
Community:TB-92
Municipality:Thunder Bay

Building

Size:5,800 sq ft
Construction:Concrete

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No
Appliances Included:Other
Basement:Partial Basement

Parking

Driveway:Other
Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Other
Heating Type:Baseboard
Heating Fuel:Electric
Utility Sewer:Sewer

Land

Cross Street:East on Trans Canada Highway - Left on Radisson Ave - Property to the left

$699,900

List price

29 Simcoe Plaza, Terrace Bay – Commercial Retail for sale · MLS® # X13244748