6 to 12 Koval ST, Pickle Lake, Ontario, P0V3A0
MLS: TB251897 | Other
$1,850,000
Property Description
Trophy Investment Asset – Fully Leased AAA-Tenant Strip Mall in Downtown Pickle Lake Rare opportunity to acquire one of the largest and most prominent commercial properties in downtown Pickle Lake. Strategically positioned at the epicenter of the town’s commercial core, this high-performing strip mall offers exceptional stability, visibility, and long-term value. With a 0% vacancy rate sustained over the past 3 years, every unit — including areas originally designated for common use in the last year — is fully leased. This property attracts and retains top-tier tenants, all of whom are AAA-rated and operating under Triple Net (NNN) leases, ensuring reliable, hands-off income for ownership. Recent capital upgrades include the installation of multiple new furnaces and a new compressor unit, enhancing energy efficiency and reducing ongoing maintenance expenses. Property Highlights: • Landmark commercial asset in downtown Pickle Lake • Fully leased – 0% vacancy over 3+ years • Even common areas monetized through leasing • Anchored by AAA tenants on Triple Net leases • Recent mechanical updates: new furnaces and compressor unit • High-traffic location with premium visibility and access • Strong in-place cash flow with minimal landlord obligations This is an ideal acquisition for investors seeking a secure, cash-flowing asset in a supply-constrained market. With a tenant roster of nationally and regionally recognized businesses, this property offers long-term income certainty and low operational risk. Contact us today to request and schedule a private tour. (id:64974)
Quick Facts
- Property Type: Other
- Bedrooms: None
- Bathrooms: None
- Living Area: 16,895 sq ft (1,569.6 m²)
- Lot Size: 1.2000 acres (0.49 ha)
- Frontage: 224 ft (68.3 m)
Costs
- Annual Taxes: $40,205.42
Listing Provided by: CENTURY 21 NORTHERN CHOICE REALTY LTD.
Board: Thunder Bay Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Electric
- Basement: None
- Appliances: Alarm System
- Utilities: Electricity, Cable, Telephone
Exterior & Construction
- Exterior: Metal
- Foundation: Poured Concrete
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Lot Size: 1.2000 acres (0.49 ha)
- Frontage: 224 ft (68.3 m)
Community & Neighbourhood
- Building: Storefront, Street Lighting
- Neighbourhood: Pickle Lake
Listing Information
Listing History
MLS listing activity for 6 to 12 Koval ST, Pickle Lake, Ontario, P0V3A0 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Mortgage & Cost Calculators
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6 to 12 Koval ST, Pickle Lake, Ontario, P0V3A0