1788 Lakeshore Drive, Thunder Bay

1788 Lakeshore Drive, Thunder Bay, ON, Canada

Overview

Price: $ 795,000.00
Status: For Sale
Type: Mixed Office/Service Commercial
Location:

McKenzie Inn Motel just east of Thunder Bay, ON on the Trans-Canada Hwy has been a landmark in the area since 1929 and is being offered for sale! 13 unit motel (7 regular rooms and 6 suites) plus 1,000 SF open-concept apartment and Riverside Pizzeria. This area is prime for future growth/development with the construction of the Hardrock open-pit gold mine (2020) and the Ring of Fire chromite deposit exploration project 265km north of Nakina. Plenty of recent upgrades to this property including new steel roof, new siding, 160` covered deck, high quality finishes throughout. Main level (5,900 SF) plus upper level (4,500 SF) which includes community kitchen and dining area for long-term patrons and a full laundry room. Lower level is 5,900 SF of usable space. Potential to package this property with 8 other listings in Geraldton and Thunder Bay, please inquire for additional info. Potential for property management or owner financing (terms to be negotiated).

General amenities

  • 359
  • Air Conditioning
  • Balconies
  • Canopy
  • Catering/Food Sales
  • Common Area Indoors
  • Laundry Facility
  • Living Accommodation
  • Mezzanine
  • Recreation Centre
  • Shopping Area
  • Storefront
  • Street Lighting
  • Unknown

Location: 1788 Lakeshore Drive, Thunder Bay, ON, Canada