For sale 46$1,299,900
2+3 bed3 bath1,500–2,000 sq ft
401 Barrie Drive
Thunder Bay
1 month agoMLS® X13772514
Royal LePage® Lannon Realty
$1,350,000
227-229 Pearl Street
Court / Cumberland, Thunder Bay, Ontario P7B1E3
For sale· Added
10 bath
About this property
**FOR SALE***HUGE INVESTMENT PROPERTY*** PRIME DOWNTOWN WATERFRONT DISTRICT*****11,880 sf + 3 Parking Lots**8% CAP RATE* PERFECT FOR INVESTMENT**Annual Rent Potential $155,000+: Lower Level-$64,979.86 (Leased) + 2nd Floor-$25,066.50 (Leased)+ Main Floor $64,000(Currently Vacant) *** Full NEW Commercial Kitchen 2024** Eating & Bar Area in Basement. **Stage** + Natural Hardwood Dance Floor- Wide Open Space, 2 Office Spaces+ Bathrooms. Brand new Boiler System Installed in (2023); with Plenty of Parking in PRIME DOWNTOWN PORT ARTHUR LOCATION!!*INCLUDES 3 ADJACENT, PARKING LOTs (33' X 165')* Currently Basement & 2nd Floor are Leased, Main Floor is vacant Open Concept banquet hall Stage, dance floor and wide open space on main floor along with additional rentable office space on main floor with 2-piece bathroom. Second floor includes 8 total individual offices paces plus boardroom and storage room with two complete bathrooms *VACANT IMMEDIATE POSSESSION**Please Call Anytime for Details & Showings.
Location
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Property details
Listing
- MLS® number
- X13244182
- Added
- Feb 10, 2026 ()
- Updated
- Sep 3, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Bathrooms
- 10
- Heating
- Natural gas, Other
- Fireplace
- No
- Features
- Irregular lot size
Building
- Basement
- Full
- Exterior
- Brick
- Foundation
- Poured Concrete
- Parking
- 50 spaces
Land
- Frontage
- 198 ft
- Lot area
- 0.32 acres
- Zoning
- Downtown Neighborhood Zone
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Cable, Telephone, Natural Gas Available, Electricity Connected
Location
- Directions
- Downtown Waterfront District North Ward Across from the Casino on Pearl Street between Court Street and Cumberland Street.
Running costs
- Annual property tax
- $19,944
$1,350,000
227-229 Pearl Street
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