Price ChangeFor Sale

6 to 12 Koval Street
Pickle Lake, Kenora, ON, P0V 3A0

Commercial Retail
TRREB
MLS® Number: X13254678
$1,850,000List Price
Commercial RetailProperty Type
16,895 sq ftSize
$40,205.42 / 2024Taxes (Annual)
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PRICE CHANGED
$1,850,000
Previously Listed For:
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Listing History

Buy/sell history for 6 to 12 Koval Street, Pickle Lake, ON P0V 3A0

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Description

Trophy Investment Asset - Fully Leased AAA-Tenant Strip Mall in Downtown Pickle Lake Rare opportunity to acquire one of the largest and most prominent commercial properties in downtown Pickle Lake. Strategically positioned at the epicenter of the town's commercial core, this high-performing strip mall offers exceptional stability, visibility, and long-term value. With a 0% vacancy rate sustained over the past 3 years, every unit - including areas originally designated for common use in the last year - is fully leased. This property attracts and retains top-tier tenants, all of whom are AAA-rated and operating under Triple Net (NNN) leases, ensuring reliable, hands-off income for ownership. Recent capital upgrades include the installation of multiple new furnaces and a new compressor unit, enhancing energy efficiency and reducing ongoing maintenance expenses. Property Highlights: Entire roof redone in 2019 with 20yr warranty Landmark commercial asset in downtown Pickle Lake Fully leased - 0% vacancy over 3+ years Even common areas monetized through leasing Anchored by AAA tenants on Triple Net leases Recent mechanical updates: new furnaces and compressor unit High-traffic location with premium visibility and access Strong in-place cash flow with minimal landlord obligations This is an ideal acquisition for investors seeking a secure, cash-flowing asset in a supply-constrained market. With a tenant roster of nationally and regionally recognized businesses, this property offers long-term income certainty and low operational risk.

Features

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Amenities

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Summary

Tax (Annual):$40,205.42 / 2024
Listing #:X13254678
Property Type:Commercial Retail
Size:16,895 sq ft
Land Size:224 x 210 | .50-1.99 acres
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:Century 21 Northern Choice Realty Ltd.

Rooms

Details

Property

Property Type:Commercial Retail
Community:TB-617
Municipality:Kenora

Building

Size:16,895 sq ft
Construction:Metal/Steel Siding

Inside

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

Parking

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

Utilities

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

Land

Cross Street:When entering downtown Pickle Lake remain straight on road in, then turn left when you come to Koval St "T" intersection at the hotel, and the building is the first on the left.

$1,850,000

List price

6 to 12 Koval Street, Pickle Lake – Commercial Retail for sale