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Commercial listings / Investment / For sale

325 Archibald Street S, Thunder Bay, ON P7E 1G6

$1

325 Archibald Street S, Thunder Bay, ON P7E 1G6, photo 1325 Archibald Street S, Thunder Bay, ON P7E 1G6, photo 2325 Archibald Street S, Thunder Bay, ON P7E 1G6, photo 3325 Archibald Street S, Thunder Bay, ON P7E 1G6, photo 4325 Archibald Street S, Thunder Bay, ON P7E 1G6, photo 5325 Archibald Street S, Thunder Bay, ON P7E 1G6, photo 6
Property type
Investment
Transaction
For sale
Location
Thunder Bay, Thunder Bay
Building area
135,270 Square Feet
MLS® number
X13604438

Description

This property sits on 3.1 acres and includes a large six-story building with approximately 135,000 square feet of space. There are 130 on-site parking spaces. The residential section has 109 fully occupied apartments, including the following: 9 studio units, 89 one-bedroom units, 11 two-bedroom units. The property also includes 10 commercial units with a total rentable area of 23,391 square feet. There is a large undeveloped area with approved plans for an additional 50 residential units and basement space, offering excellent future development potential. The building is home to mostly senior and mature tenants. It is fully rented, has a waiting list for new tenants, and receives some financial assistance.

Listing brokerage: HOME CHOICE REALTY INC.

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