111-121 May Street South, Thunder Bay | Image 1

111-121 May Street South

Thunder Bay

  • Commercial

$1,249,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: C5 CENTRAL BUSIN

  • Age: No Data

  • Taxes: 28000

  • MLS®#: X9383561

  • Days on Site: 1 Days

  • Added: Oct 03, 2024 (1 month ago)

  • Updated:

  • Last Checked: 11 hours ago

  • Listed By: IPRO REALTY LTD

*Attention Investors* Cap Rate* Turn Key* 22 Rental Until-Good Mix of Commercial/Residential -15 Residential Units + 7 Commercial Units - Income Property Generating Excellent Net Operating Income. Two Buildings, Solar Panels + Parking Lot Included. List of Upgrades. 400 Amp-2007, Electric-2014, 3 Furnaces + Boilers-2015-2006, Windows 2008, Roof 2005, Fire Alarm 2012, Back Flow Preventor 2015, Professional Property Management in Place.

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Thunder Bay

  • Availability Date: TBA

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 57 W/S MAY ST, 58 W/S MAY ST PL W123 NEEBING ADDITIONAL; PT L

  • Taxes: $28,000

  • Taxes Type: Annual

Land

  • Cross Street: MAY ST S/VICTORIA AV

  • Municipality District: Thunder Bay

  • Sewer: San+Storm

  • Lot Depth: 100 Feet

  • Lot Frontage: 126 Feet

  • Zoning: C5 CENTRAL BUSIN

Shipping Doors

  • Clearing Height (in): 8

Commercial Specific

  • Rail: N

  • Retail Area: 15000

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 30000

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Building

  • Financial Statement: Y

  • LLBO: N

JK-8

Ogden Community Public School

Elementary: Public
1.14 km
JK-3

Hyde Park Public School

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1.92 km
JK-8

McKellar Park Central Public School

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0.50 km
JK-6

St Jude Catholic Elementary School

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1.19 km
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St Elizabeth Catholic Elementary School

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1.59 km
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Pope John Paul II Elementary School

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0.87 km
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TB Catholic Alternative Education

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1.47 km
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Lakehead Alternative School

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Sir Winston Churchill Collegiate and Vocational Institute

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Hammarskjold High School

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6.60 km
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Westgate Collegiate and Vocational Institute

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St Patrick High School

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1.43 km