$ 549,000
106 May ST Thunder Bay, ON P7E1A8
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$ 549,000
Est. payment | /mo
4,000 SqFt
$ 549,000
Est. payment | /mo
4,000 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $137
Subdivision Thunder Bay
MLS® Listing ID TB233590
Originating Board Thunder Bay Real Estate Board
Property Description
Investment Opportunity: Own a piece of prime real estate with this exceptional building for sale! Boasting a strategic location, this property offers a dual-income stream with a residential portion featuring 5 bedrooms currently rented, and a renowned Chinese food restaurant occupying a 2,000 sqft space, ensuring a steady return on investment. The residential section comprises 5 bedrooms, creating an attractive source of consistent rental income. With a beautifully renovated interior, these living spaces offer modern amenities and comfort for tenants. Adding to the appeal is the leased Chinese food restaurant, a favourite in the area. With a well-established clientele, this lease provides a stable and reliable income stream, making this property a truly turnkey investment. The entire building spans 4,000 sqft and has been thoughtfully renovated to enhance its aesthetic appeal and functionality. The seamless blend of residential and commercial spaces makes it a unique and versatile investment opportunity. Strategically located, this property benefits from high visibility and accessibility, contributing to its overall investment potential. Whether you're an experienced investor or looking for a sound investment to start your portfolio, this property promises great returns. In summary, this building for sale is not just a property; it's a fantastic investment opportunity with a residential component generating rental income and a popular Chinese food restaurant providing a reliable lease. Act now and secure this turnkey investment for your portfolio. (id:24570)
Location
Province ON
Interior
Heating Forced air,
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Story 2
Listed by ROYAL LEPAGE LANNON REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "