$ 1,670,000
-
$1,670,000
Price -
1
Bath -
0.6
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 498000 -
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 Highlights for 212 Cumberland St N
Interior Details
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Yes
- Heating: Gas Forced Air Open
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: No Garage
Financial Details
- Tax Amount: $14,331
- Taxes w/Assessments: N/A
- Tax/Property ID: 622130044
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
212 Cumberland St N Thunder Bay, ON P7A 4N1
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of
