1594 Lakeshore Drive, Thunder Bay, Ontario P7A 0S9

Listed for:
$3,200,000
0 beds
0 baths
Listed 118 days ago
1594 Lakeshore Drive, Thunder Bay, Ontario P7A 0S9

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Listing provided by:
RE/MAX ADVANTAGE REALTY LTD., BROKERAGE
MLS® number:
40530735
Agent:
Eavan Travers
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About

TRAVEL EAST FROM THUNDER BAY ALONG HIGHWAY 11/17 TO MCKENZIE. TURN SOUTH ON MCKENZIE AND TURN WEST ONTO LAKESHORE. Superior investment opportunity to purchase a Mobile Home Park generating excellent cash flows, family owned and operated since 1997. Accommodations include 49 mobile rentals and 9 residential accommodations on 20 acres. 10 mins drive time, east of Thunder Bay along Lakeshore Drive. Located minutes from the shoreline of Lake Superior. Updates & renovations have occurred within the last 18 months with a very substantial increase in rental income. Zoned both Mobile Home Residential and Highway Commercial with existing Motel Building. Adjacent amenities include walking trails amongst rolling hills, Amethyst Harbour and Wild Goose Beach and proximity to the vibrant City of Thunder Bay. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Other, See Remarks
Amenities nearby

Location

Summary

This unique property is categorized as "Other, See Remarks" in terms of ownership type. It presents an exceptional investment opportunity for those looking to acquire a Mobile Home Park that has been under the ownership and management of a family since 1997. The property boasts a total of 49 mobile rentals and 9 residential accommodations, all situated on a spacious 20-acre land. Conveniently located just a 10-minute drive east of Thunder Bay along Lakeshore Drive, it offers easy access to the picturesque shoreline of Lake Superior.

Within the last 18 months, significant updates and renovations have been carried out, resulting in a substantial increase in rental income. The property is zoned for both Mobile Home Residential and Highway Commercial use, and features an existing Motel Building. Its proximity to various amenities such as walking trails, Amethyst Harbour, and Wild Goose Beach, as well as its close distance to the bustling City of Thunder Bay, further adds to its appeal.

Currently available for sale, this property spans a land size of 20 acres and is situated at 1594 Lakeshore Drive in the city of Thunder Bay, Ontario. The postal code for this property is P7A0S9, and it comprises a single-story building.