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Renanza Realty
For sale

6 TO 12 KOVAL STREET

Pickle Lake (TB-617), Ontario

MLS® X13254678

$1,850,000

Status
Active
Property type
Retail
MLS® number
X13254678
Bedrooms
—
Bathrooms
—
Year built
—

Listing 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.

Property summary

MLS® number
X13254678
Property type
Retail
Land size
1.2 acres
Annual property taxes
$40,205.42
Days on market
458 days

Features & details

Heating
Electric, Other
Cooling
Fully air conditioned
Basement
None
Exterior features
Steel
Lot features
Irregular lot size

What would this home cost you?

Based on the $1,850,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,608 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Northern Choice Realty Ltd., Kenora.

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.