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325 Archibald St S - Vickers Manor 85,139 SF Health Care Building Offered at $18,900,000 CAD in Thunder Bay, ON P7E 1G6
Investment Highlights
- The property benefits from convenient access to Highway 61 and the Harbour Expressway, supporting efficient transportation.
- Its location provides close proximity to key infrastructure, including the Port of Thunder Bay and major arterial roadways.
- The surrounding area is characterized by a strong mix of industrial, service commercial, and transportation-oriented users.
Executive Summary
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.
Property Facts
| Price | $18,900,000 CAD | Lot Size | 3.95 AC |
| Price Per Bed | $173,394 CAD | Building Size | 85,139 SF |
| Sale Type | Investment | No. Beds | 109 |
| Property Type | Health Care | No. Stories | 6 |
| Property Subtype | Assisted Living | Year Built | 1952 |
| Building Class | C | Parking Ratio | 1.84/1,000 SF |
| Zoning | DN | ||
| Price | $18,900,000 CAD |
| Price Per Bed | $173,394 CAD |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 3.95 AC |
| Building Size | 85,139 SF |
| No. Beds | 109 |
| No. Stories | 6 |
| Year Built | 1952 |
| Parking Ratio | 1.84/1,000 SF |
| Zoning | DN |
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Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (77)
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325 Archibald St S - Vickers Manor
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