1594 LAKESHORE DRIVE N, Shuniah, Ontario, P7A0S9
MLS: X12913590 | Retail
$3,200,000
Property Description
Exceptional Income-Generating 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 in a desirable Northern Ontario location. (id:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: None
- Living Area: 5,500 sq ft (511.0 m²)
- Frontage: 1,300 ft (396.2 m)
Costs
- Annual Taxes: $20,993.00
Listing Provided by: RE/MAX ADVANTAGE REALTY LTD.
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Other
- Cooling: None
Exterior & Construction
- Sewer: Septic System
- Water: Drilled Well
Lot & Land
- Frontage: 1,300 ft (396.2 m)
- Zoning: NHR/CH Mobile Home Res/Hwy Commercial
Listing Information
Listing History
MLS listing activity for 1594 LAKESHORE DRIVE N, Shuniah, Ontario, P7A0S9 — dates reflect when changes were recorded in the DDF
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Mortgage & Cost Calculators
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1594 LAKESHORE DRIVE N, Shuniah, Ontario, P7A0S9