227-229 Pearl ST, Thunder Bay

$1,350,000

For sale: Other

Other at 227-229 Pearl ST, Thunder Bay
Property type
Retail
MLS®
MLS® TB2600210
Neighbourhood
Thunder Bay

**FOR SALE***HUGE INVESTMENT PROPERTY*** PRIME DOWNTOWN WATERFRONT DISTRICT*****11,880 sf + 3 Parking Lots**8% CAP RATE* PERFECT FOR INVESTMENT**Annual Rent Potential $155,000+: Lower Level-$64,979.86 (Leased) + 2nd Floor-$25,066.50 (Leased)+ Main Floor $64,000(Currently Vacant) *** Full NEW Commercial Kitchen 2024** Eating & Bar Area in Basement. **Stage** + Natural Hardwood Dance Floor- Wide Open Space, 2 Office Spaces+ Bathrooms. Brand new Boiler System Installed in (2023); with Plenty of Parking in PRIME DOWNTOWN PORT ARTHUR LOCATION!!*INCLUDES 3 ADJACENT, PARKING LOTs (33' X 165')* Currently Basement & 2nd Floor are Leased, Main Floor is vacant Open Concept banquet hall Stage, dance floor and wide open space on main floor along with additional rentable office space on main floor with 2-piece bathroom. Second floor includes 8 total individual offices paces plus boardroom and storage room with two complete bathrooms *VACANT IMMEDIATE POSSESSION**Please Call Anytime for Details & Showings.

Sold data

Homes in Thunder Bay — recent sold market

Homes in Thunder Bay took a median of 14 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 21, across 330 recorded sales.

The median sale price was $389,900.

Homes sold for about 5.7% above asking on average.

About 66% of sales closed above the list price.

Around 6% of sellers reduced their price before finding a buyer.

Median days to sell
14
Median sale price
$389,900
Sale-to-list ratio
105.7%
Sold above asking
66%

Based on 330 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Thunder Bay

Thunder Bay has 35 Fraser Institute–rated schools (29 elementary and 6 secondary), averaging 6.3/10.

Rated schools
35
Elementary
29
Secondary
6
Average rating
6.3 / 10

Top-rated schools in Thunder Bay

  • Vance Chapman — elementaryFraser rating 9.1/10
  • St Francis — elementaryFraser rating 8.9/10
  • Nor'wester View — elementaryFraser rating 8.7/10
  • St Paul — elementaryFraser rating 8.5/10
  • Five Mile — elementaryFraser rating 8.4/10
  • Ecole Elsie MacGill — elementaryFraser rating 8.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 227-229 Pearl ST