
Retail For Sale
$699,900
MLS® Number: TB2600539
Floor Area
5,800
Retail For Sale
$699,900
Floor Area
5,800
29 Simcoe Plaza, Terrace Bay, Ontario
About This Property
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.
Property Details
Interior Details
Basement
Partial
Heating
Baseboard heaters, Electric
Living Area
5800 sqft
Building & Exterior
Exterior Features
Concrete Block
Foundation Details
Poured Concrete
Land & Location
City Region
Terrace Bay
Frontage Length
64.45
Parcel Number
624570315
Postal Code
P0T2W0
Listing & Financials
Listing Office
ROYAL LEPAGE LANNON REALTY
Originating System Name
Thunder Bay Real Estate Board
Other Specifications
Country
Canada
Listed By
ROYAL LEPAGE LANNON REALTY
Mortgage Calculator
Estimated Monthly Payment
$3,438
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$3,438
Principal and interest only. Actual rates may vary.