About 1594 Lakeshore Drive N
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.
Features of 1594 Lakeshore Drive N
| MLS® # | X13531234 |
|---|---|
| Price | $2,950,000 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Investment |
| Status | Active |
Community Information
| Address | 1594 Lakeshore Drive N |
|---|---|
| Area | Thunder Bay |
| City | Shuniah |
| Province | ON |
| Postal Code | P7A 0S9 |
Amenities
| Garages | Outside/Surface |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Other |
|---|---|
| Cooling | No |
| Fireplace | No |
Listing Details
| Office | RE/MAX ADVANTAGE REALTY LTD. |
|---|