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$ 2,950,000
Est. payment /mo
Active
1594 Lakeshore DR N Shuniah, ON P7A 0S9
5,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $536
MLS Listing ID X13531234
Annual Tax Amount $20,993
Tax Year 2025
Property Sub-Type Investment
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.
Location
Province ON
County Thunder Bay
Area Thunder Bay
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 1300.0
Lot Depth 865.0
Building
Building Age 31-50
Others
Security Features No
ParcelsYN No
Listed by RE/MAX ADVANTAGE REALTY LTD.