More Photos

×

    For Sale - 212 Cumberland Street, Thunder Bay, Ontario

    Est payment $8,019/mo
    Get pre-qualified
    Views   2
    Time on Jump  11 day

    AI Summary *

    • Single-tenant property leased to a stable corporate tenant until 2030.
    • Generates fixed yearly net rent of $109,215 with minimal management hassle.
    • Tenant covers property taxes, utilities, and maintenance costs.
    • Located in a high traffic zone with various essential services.
    • Features large parking area and accessibility for all visitors.




    Single-tenant triple-net(nnn) commercial investment property leased to corporate tenant brewers retail inc. (operating as the beer store) through december 2030 generating a fixed yearly net rent of $109,215. Because it is a triple-net lease, you have minimal day-to-day management responsibilities or operational cost fluctuations. Tenant directly handles property taxes, building utilities, and maintenance like snow removal, etc. Tenant also pay the insurance. Strong covenant: brewers retail inc. Is a major corporate entity backed by large national/international brewing conglomerates, offering high financial stability compared to a small local business. The tenant directly handling snow plowing, property taxes, utilities and insurance eliminates the risk of inflation eroding your net income. Zoning: service commercial, offering high traffic exposure. Bus service, cable, garbage pickup, high speed internet, hydro, natural gas, streetlights, telephone, air conditioning, loading dock, overhead door, large parking area, paved yard, store front, wheel chairs access.
    Listing IDX13864336
    Address212 Cumberland Street
    CityThunder Bay, Ontario
    Price$1,670,000
    Bath1 Full
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air Open

    ASAP

    Sun

    18

    Oct

    Mon

    19

    Oct

    Tue

    20

    Oct

    Wed

    21

    Oct

    Thu

    22

    Oct

    Fri

    23

    Oct

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    Sun

    1

    Nov

    Mon

    2

    Nov

    Tue

    3

    Nov

    Wed

    4

    Nov

    Thu

    5

    Nov

    Fri

    6

    Nov

    Sat

    7

    Nov

    Sun

    8

    Nov

    Mon

    9

    Nov

    Tue

    10

    Nov

    Wed

    11

    Nov

    Thu

    12

    Nov

    Fri

    13

    Nov

    Sat

    14

    Nov

    Sun

    15

    Nov

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: RE/MAX REALTY SERVICES INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    We're in the process of adding more listings. Please check back soon!

    Loading...
    212 Cumberland Street
    Thunder Bay , Ontario
    1 $1,670,000
    Get more info