126 May Street North, Thunder Bay | Image 1

126 May Street North

Thunder Bay

  • Commercial

$499,000
For Sale

Added 5 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: C5

  • Age: No Data

  • Taxes: 11743.7

  • MLS®#: X7285318

  • Days on Site: 152 Days

  • Added: Nov 08, 2023 (5 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CHAMPS REAL ESTATE BROKERAGE INC.

"Exceptional investment opportunity in Thunder Bay! This meticulously maintained free-standing 9 unit apartment building, consisting of 6 residential units and 3 commercial units, spanning 7,879 square feet, presents 5 one-bedroom units, 1 two-bedroom unit, and 3 commercial units, this property is designed for income potential and cash flow generation. Nestled in a prime location, residents enjoy proximity to a host of amenities, including restaurants & cafes, shopping outlets, Victoriaville Mall, City Hall grocery stores, parks, gym, salons, Public school, pharmacy, bus stops, Kaministiquia River Heritage Park and much more. Whether you're a seasoned investor or new to real estate, this property promises a solid return on investment. Don't wait, seize this chance to secure a valuable asset in Thunder Bay's thriving real estate market.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Thunder Bay

  • Availability Date: TO BE DECIDED

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 14-15 BLK D PL W62 NEEBING ADDITIONAL; THUNDER BAY

  • Taxes: $11,744

  • Taxes Type: Annual

Land

  • Cross Street: May Street & Violet

  • Municipality District: Thunder Bay

  • Parcel Number: 620730006

  • Sewer: San+Storm

  • Lot Depth: 100 Feet

  • Lot Frontage: 51 Feet

  • Zoning: C5

Commercial Specific

  • Rail: N

  • Sprinklers: Part

  • Total Area: 7879

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: N

  • LLBO: N

Map of 126 May Street North, Thunder Bay
JK-8

Ogden Community Public School

Elementary: Public
0.99 km
JK-3

Hyde Park Public School

Elementary: Public
2.04 km
JK-8

McKellar Park Central Public School

Elementary: Public
0.38 km
JK-6

St Jude Catholic Elementary School

Elementary: Catholic
1.02 km
JK-6

St Elizabeth Catholic Elementary School

Elementary: Catholic
1.73 km
7-8

Pope John Paul II Elementary School

Elementary: Catholic
0.94 km
9-12

TB Catholic Alternative Education

Secondary: Catholic
1.60 km
9-12

Lakehead Alternative School

Secondary: Public
1.82 km
9-12

Sir Winston Churchill Collegiate and Vocational Institute

Secondary: Public
2.79 km
9-12

Hammarskjold High School

Secondary: Public
6.43 km
9-12

Westgate Collegiate and Vocational Institute

Secondary: Public
3.63 km
9-12

St Patrick High School

Secondary: Catholic
1.57 km