395 FORT WILLIAM RD.
Thunder Bay (Court / Cumberland), Ontario
MLS® X13413774
$2,399,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13413774
- Bedrooms
- —
- Bathrooms
- 6
- Year built
- —
1 / 35Listing description
Exceptional opportunity to own a fully renovated 10,023 sq. ft. commercial/investment property in one of Thunder Bay's most desirable waterfront-adjacent locations.
Comprised of 6,057 sq. ft. on the main floor, 3,490 sq.
ft. on the second level, and a 476 sq. ft.
mezzanine, this versatile Light Industrial-zoned building offers tremendous flexibility for a wide variety of permitted uses including fitness, professional services, retail, trades, office, studio, showroom, warehouse, and investment opportunities. Extensively renovated throughout, major upgrades include new flooring, lighting, electrical, security system, garage doors, rear windows, front storefront window, updated plumbing, three new air conditioning units, a new lower-level furnace, renovated change rooms complete with showers and saunas, and a freshly painted exterior. Currently operating as a gym and barber shop, the building provides a functional layout with endless possibilities for future owners, owner-occupiers, or investors.
The roof and parking area have been maintained and repaired as required over the years. Ideally situated steps from Marina Park with breathtaking Sleeping Giant views and surrounded by ongoing waterfront revitalization, this is a rare opportunity to acquire a landmark commercial property with exceptional long-term growth potential in one of the city's most sought-after locations. Don't miss this unique investment opportunity.
Property summary
- MLS® number
- X13413774
- Property type
- Retail
- Land size
- 0.49 acres
- Annual property taxes
- $28,000.00
- Parking
- 40 spaces
- Days on market
- 112 days
Features & details
- Heating
- Natural gas, Other
- Cooling
- Fully air conditioned
- Basement
- Other, See Remarks, N/A
- Exterior features
- Brick
What would this home cost you?
Based on the $2,399,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage® Lannon Realty, Thunder Bay.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.