106 May St Thunder Bay, Ontario P7E 1A8
$549,000
Investment Opportunity: Own a piece of prime real estate with this exceptional building for sale! Boasting a strategic location, this property offers a dual-income stream with a residential portion featuring 5 bedrooms currently rented, and a renowned Chinese food restaurant occupying a 2,000 sqft space, ensuring a steady return on investment. The residential section comprises 5 bedrooms, creating an attractive source of consistent rental income. With a beautifully renovated interior, these living spaces offer modern amenities and comfort for tenants. Adding to the appeal is the leased Chinese food restaurant, a favourite in the area. With a well-established clientele, this lease provides a stable and reliable income stream, making this property a truly turnkey investment. The entire building spans 4,000 sqft and has been thoughtfully renovated to enhance its aesthetic appeal and functionality. The seamless blend of residential and commercial spaces makes it a unique and versatile investment opportunity. Strategically located, this property benefits from high visibility and accessibility, contributing to its overall investment potential. Whether you're an experienced investor or looking for a sound investment to start your portfolio, this property promises great returns. In summary, this building for sale is not just a property; it's a fantastic investment opportunity with a residential component generating rental income and a popular Chinese food restaurant providing a reliable lease. Act now and secure this turnkey investment for your portfolio. (id:58770)
Business
| BusinessType | Restaurant |
| BusinessSubType | Restaurant |
Property Details
| MLS® Number | TB233590 |
| Property Type | Other |
| Community Name | Thunder Bay |
Building
| Age | Over 26 Years |
| BasementType | Full |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 4000 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeFrontage | 30.0000 |
| SizeTotalText | Under 1/2 Acre |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/26357278/106-may-st-thunder-bay-thunder-bay
Interested?
Contact us for more information
Terry Tittaferrante
Salesperson
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 13 2024 06:19:11
Thunder Bay Real Estate Board
Royal LePage Lannon Realty