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$ 2,950,000
Est. payment | /mo
5,500 SqFt
$ 2,950,000
Est. payment | /mo
5,500 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5500
Square Footage 5,500 sqft
Price per Sqft $536
MLS® Listing ID X13531234
Property Description
NEW PRICE for property with exceptional Income returns. Mobile Home Park Near Lake Superior on approximately 20 acres, located just 10 minutes east of Thunder Bay along Lakeshore Drive. The 58 unit property includes 49 mobile sites and 9 residential units, delivering strong and diversified cash flow. Family-owned since 1997, the park has undergone updates, service improvements and renovations over several years, resulting in a notable increase in gross rental income, currently estimated at $410,000 annually. Ideally situated near Lake Superior, Amethyst Harbour, and Wild Goose Beach, the setting offers long-term tenant appeal. Dual zoning (Mobile Home Residential & Highway Commercial) provides added flexibility and future development potential. Turnkey asset with stable income and upside. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Septic System
Listed by RE/MAX ADVANTAGE REALTY LTD.
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