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$3,200,000
Est. payment /mo
5,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $581
MLS Listing ID X11923965
Building Age 31-50
Annual Tax Amount $19,902
Tax Year 2024
Property Sub-Type Investment
Lot Depth 865.0
Lot Front 1300.0
Property Description
MOBILE PARK-Triple "A" investment opportunity to purchase a Mobile Home Park with motel building(Highway Commercial) on 20 acres, 5 mins from Lake Superior. Generating excellent cash flows of almost $400,000 in gross income. Very well maintained family owned and operated since 1997. Updates & renovations have occurred within the last 24 months with a very substantial increase in rental income over last 4 years. Zoned both Mobile Home Residential and Highway Commercial with an existing Motel Building. Adjacent amenities include walking trails. Amethyst Harbor and Wild Goose Beach and proximity to the vibrant City of Thunder Bay. ZONED NHR/CH Mobile Home Res/Hwy Commercial
Location
Province ON
County Thunder Bay
Area Thunder Bay
Zoning NHR/CH Mobile Home Res/Hwy Commercial
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 1300.0
Lot Depth 865.0
Others
Security Features No
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Listed by RE/MAX ADVANTAGE REALTY LTD.