29 Simcoe Plaza Terrace Bay, Ontario P0T 2W0
$699,900
Investor opportunity in one of Terrace Bay’s most sought after commercial locations! This well-established plaza sits in a prime high-visibility area and features 6 total units, offering excellent potential for both immediate income and future growth. Three units are currently occupied, including a major anchor tenant - Canada Post - drawing consistent daily traffic to the property. The remaining three vacant units provide a fantastic opportunity for an investor to increase revenue by bringing in additional tenants. Ideally located near major highways, Lake Superior, and a Tesla charging station, this plaza benefits from strong exposure to both local residents and travelers passing through the area. With existing tenancy, strong location appeal, and room to grow the rental income, this property is a fantastic investment opportunity in one of Terrace Bay’s key commercial hubs. Contact your Realtor today for more information. (id:61445)
Property Details
| MLS® Number | TB2600539 |
| Property Type | Retail |
| Community Name | Terrace Bay |
Building
| BasementType | Partial |
| ExteriorFinish | Concrete Block |
| FoundationType | Poured Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| SizeInterior | 5800 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeFrontage | 64.4500 |
| SizeTotalText | Under 1/2 Acre |
https://www.realtor.ca/real-estate/29519216/29-simcoe-plaza-terrace-bay-terrace-bay
Interested?
Contact us for more information
Kris Mcgowen
Salesperson
1141 Barton St
Thunder Bay, Ontario P7B 5N3
Kayty Oinonen
Salesperson
1141 Barton St
Thunder Bay, Ontario P7B 5N3
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March 26 2026 03:24:49
Royal LePage Lannon Realty