325 Archibald St S - Assisted Livings FOR SALE


Thunder Bay, ON P7E 1G6
$18,900,000 CAD
905-619-2100

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$18,900,000 CAD
Assisted Livings - FOR SALE
null | Request Cap Rate

325 Archibald St S
Thunder Bay, ON P7E 1G6


HIGHLIGHTS

  • The property benefits from convenient access to Highway 61 and the Harbour Expressway, supporting efficient transportation.
  • The surrounding area is characterized by a strong mix of industrial, service commercial, and transportation-oriented users.
  • Its location provides close proximity to key infrastructure, including the Port of Thunder Bay and major arterial roadways.

OVERVIEW

Large building located on 3.1 acres with 130 parking space on site approximately 135,000 square feet, 6 storey Multi- residential development of 109 units with 9 studio, 89 one bedroom and 11 two-bedroom units fully occupied. Also 10 commercial units with rentable space of 23,391 square feet. Huge underdeveloped area with plans for another 50 units plus the basement. The building is a seniors and mature tenant building. Fully rented with a waiting list. Also some financial assistance.

FOR SALE DETAILS

PRICE

$18,900,000 CAD

PRICE/SF

$222 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vickers Manor

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

157

LAND DETAILS

LAND ACRES

3.95 AC

LAND SF

171,945 SF

ZONING

DN

APN/PARCEL ID

580404017508600

ASK ABOUT THIS PROPERTY

Wayne DeanRE/MAX Rouge River RealtyMore Info
905-619-2100

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Wayne DeanRE/MAX Rouge River RealtyMore Info
905-619-2100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.