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    For Sale - 1594 Lakeshore Drive, Shuniah, Ontario

    Est payment $14,166/mo
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    Views   2
    Time on Jump  98 day

    AI Summary *

    • Mobile home park on 20 acres with strong rental income potential.
    • 58 units including 49 mobile sites and 9 residential units.
    • Recent updates and renovations have increased gross rental income.
    • Close proximity to Lake Superior and local attractions.
    • Flexible dual zoning offers future development possibilities.




    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.
    Listing IDX13531234
    Address1594 Lakeshore Drive
    CityShuniah, Ontario
    Price$2,950,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling OtherSewer Septic

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    Listing Brokerage: RE/MAX ADVANTAGE REALTY LTD.

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    1594 Lakeshore Drive
    Shuniah , Ontario
    $2,950,000
    Get more info