• Mobile: 647-923-4343
  • Office: 905-695-7888
  • Fax: 905-695-0900

$3,200,000
Available - For Sale
Listing ID: X12913590
1594 Lakeshore Drive North , Shuniah, P7A 0S9, Thunder Bay


Exceptional Income-Generating Mobile Home Park Near Lake Superior on approximately 20 acres, located just 10 minutes east of Thunder Bay along Lakeshore Drive. The 58 unit property includes 49 mobile sites and 9 residential units, delivering strong and diversified cash flow. Family-owned since 1997, the park has undergone updates, service improvements and renovations over several years, resulting in a notable increase in gross rental income, currently estimated at $410,000 annually. Ideally situated near Lake Superior, Amethyst Harbour, and Wild Goose Beach, the setting offers long-term tenant appeal. Dual zoning (Mobile Home Residential & Highway Commercial) provides added flexibility and future development potential. Turnkey asset with stable income and upside in a desirable Northern Ontario location.
Price $3,200,000
Taxes: $20993.00
Tax Type: Annual
Occupancy: Tenant
Address: 1594 Lakeshore Drive North , Shuniah, P7A 0S9, Thunder Bay
Postal Code: P7A 0S9
Province/State: Thunder Bay
Legal Description: PT 1, 2,4 & 7, 55R10776 & PT 5 & 8, 55R1
Directions/Cross Streets: MCKENZIE DRIVE
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Highway Commercial
Building Percentage: T
Total Area: 5500.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 31-50
Sprinklers: No
Washrooms: 0
Rail: N
Heat Type: Other
Central Air Conditioning: No
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ADVANTAGE REALTY LTD.
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Farnaz Masoumi
Broker
Dir:
647-923-4343
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Com - Commercial Retail
Area: Thunder Bay
Municipality: Shuniah
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 865.00(Feet)
Approximate Age: 31-50
Tax: $20,993
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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