$1,850,000
FOR SALE

Commercial/Retail

6 To 12 Koval St
Pickle Lake, ON P0V 3A0

Trophy Investment Asset – Fully Leased AAA-Tenant Strip Mall in Downtown Pickle Lake Rare opportunity to acquire one of the largest and most prominent commercial properties in downtown Pickle Lake. Strategically positioned at the epicenter of the town’s commercial core, this high-performing strip mall offers exceptional stability, visibility, and long-term value. With a 0% vacancy rate sustained over the past 3 years, every unit — including areas originally designated for common use in the last year — is fully leased. This property attracts and retains top-tier tenants, all of whom are AAA-rated and operating under Triple Net (NNN) leases, ensuring reliable, hands-off income for ownership. Recent capital upgrades include the installation of multiple new furnaces and a new compressor unit, enhancing energy efficiency and reducing ongoing maintenance expenses. Property Highlights: • Landmark commercial asset in downtown Pickle Lake • Fully leased – 0% vacancy over 3+ years • Even common areas monetized through leasing • Anchored by AAA tenants on Triple Net leases • Recent mechanical updates: new furnaces and compressor unit • High-traffic location with premium visibility and access • Strong in-place cash flow with minimal landlord obligations This is an ideal acquisition for investors seeking a secure, cash-flowing asset in a supply-constrained market. With a tenant roster of nationally and regionally recognized businesses, this property offers long-term income certainty and low operational risk. Contact us today to request and schedule a private tour. (id:47421)
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Listed By CENTURY 21 NORTHERN CHOICE REALTY LTD.
Data Provided By Thunder Bay Real Estate Board
MLS® Listing Number TB251897
Last Updated May 08, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Shopping Center
Community Pickle Lake
Price History

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Detailed Information
Communication Type High Speed Internet
Listing Contract Date 2025-06-27
Location Description When entering downtown Pickle Lake remain straight on road in, then turn left when you come to Koval St "T" intersection at the hotel, and the building is the first on the left.
Municipal ID 420310182; 420310270; 420310183
Property Type Other
Transaction Type For sale
Business
Business Type Retail and Wholesale
Business Subtype Shopping center
Building
Age over 26 years
Amenities Storefront, Street Lighting
Appliances Alarm System
Basement Type None
Exterior Finish Metal
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Forced air
Stories Total 1
Utility Water Municipal water
Parking Spaces
Name Spaces
Other
Gravel
Utilities
Type Description
CableAvailable
ElectricityAvailable
TelephoneAvailable
Land
Total Size 1.2 acres
Access Type Road access
Acreage Yes
Landscape Features Sprinkler system
Sewer Municipal sewage system
Size of Irregular Land 1.2

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