227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
227-229 Pearl Street
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33 photos

227-229 Pearl Street

Court / Cumberland, Thunder Bay, ON
Listed 138 days ago
$1,350,000For Sale
10Bathrooms
50Parking
CommercialProperty Type

227-229 Pearl Street

Thunder Bay, ON · Court / Cumberland

Listed 138 days ago
Bathrooms10
Parking50
Property TypeCommercial
$1,350,000
For Sale
MLS# X13244182

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About this home

**FOR SALE***HUGE INVESTMENT PROPERTY*** PRIME DOWNTOWN WATERFRONT DISTRICT*****11,880 sf + 3 Parking Lots**8% CAP RATE* PERFECT FOR INVESTMENT**Annual Rent Potential $155,000+: Lower Level-$64,979.86 (Leased) + 2nd Floor-$25,066.50 (Leased)+ Main Floor $64,000(Currently Vacant) *** Full NEW Commercial Kitchen 2024** Eating & Bar Area in Basement. **Stage** + Natural Hardwood Dance Floor- Wide Open Space, 2 Office Spaces+ Bathrooms. Brand new Boiler System Installed in (2023); with Plenty of Parking in PRIME DOWNTOWN PORT ARTHUR LOCATION!!*INCLUDES 3 ADJACENT, PARKING LOTs (33' X 165')* Currently Basement & 2nd Floor are Leased, Main Floor is vacant Open Concept banquet hall Stage, dance floor and wide open space on main floor along with additional rentable office space on main floor wit…

Features & Details

Property Type
Commercial
Tax
$19,944 / 2025
Basement Info
Yes
Total Parking Spaces
50
Title
Commercial
Property Style
Other
Community
Court / Cumberland
Municipality
Thunder Bay
Construction
Brick
Cross Street
Downtown Waterfront District North Ward Across from the Casino on Pearl Street between Court Street and Cumberland Street.
Front Door Facing
South
Lot Legal Description
PLAN 95 1/2 2 S PEARL S PEARL LOT 2 N 1/2 LOT 1 W 1/2 LOT 3
Data Source
Thunder Bay Real Estate Board
Brokerage
ROYAL LEPAGE LANNON REALTY
Listed On
Feb 10, 2026
Listing Expires On
Dec 31, 2026
Listing Updated On
Jun 27, 2026
Bathrooms
10
Garage Type
None
Parking
50
Heating
Other
Heat Source
Gas
Cooling
Other
Sewer
Sanitary
Swimming Pool
None
Roof Material
Tar and Gravel, Flat
Foundation Type
Poured Concrete
Interior Features
Other

Listing History

Active137 days on marketCurrently viewingMLS #X13244182
Feb 10, 20264 months ago
Listed for Sale
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Estimated monthly payment
$6,586

Estimated payment. Does not include property tax, insurance, or condo fees.

Location & nearby

Court / Cumberland Real Estate Market

Thunder Bay · last 12 months
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Median sold price
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Avg days on market
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Homes sold (12 months)
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