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
- —
1 / 21Listing 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.
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.