106 May St

Thunder Bay, Ontario P7E 1A8

4000
Forced Air

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:39567)

Business

Business Type Restaurant
Business Sub Type Restaurant

Property Details

MLS® Number TB233590
Property Type Other
Community Name Thunder Bay

Building

Age Over 26 Years
Basement Type Full
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 4000
Utility Water Municipal Water

Land

Acreage No
Size Frontage 30.0000
Size Total Text Under 1/2 Acre

Utilities

Electricity Available
Natural Gas Available