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29 Simcoe Plaza Terrace Bay, ON P0T 2W0
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Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID X13244748
Annual Tax Amount $8,001
Tax Year 2024
Property Sub-Type Commercial
Property Description
Investor opportunity in one of Terrace Bay's most sought after commercial locations! This well-established plaza sits in a prime high-visibility area and features 6 total units, offering excellent potential for both immediate income and future growth. Three units are currently occupied, including a major anchor tenant - Canada Post - drawing consistent daily traffic to the property. The remaining three vacant units provide a fantastic opportunity for an investor to increase revenue by bringing in additional tenants. Ideally located near major highways, Lake Superior, and a Tesla charging station, this plaza benefits from strong exposure to both local residents and travelers passing through the area. With existing tenancy, strong location appeal, and room to grow the rental income, this property is a fantastic investment opportunity in one of Terrace Bay's key commercial hubs. Contact your Realtor today for more information.
Location
Province ON
County Thunder Bay
Area Thunder Bay
Rooms
Basement Yes
Interior
Interior Features Other
Cooling Other
Exterior
Parking Features Other
Pool None
Roof Type Other
Road Frontage Private Road
Lot Frontage 64.45
Building
Foundation Poured Concrete
Others
ParcelsYN No
Listed by ROYAL LEPAGE LANNON REALTY