6 to 12 Koval ST

$1,850,000

Pickle Lake, Pickle Lake, Ontario

  • 16,895 square feet
Residential · OtherType
Forced air, ElectricHeating
428Days on market
$109 / sqftPrice / sqft

About this property

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: • Entire roof redone in 2019 with 20yr warranty • 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:66327)

Property details

Interior

Living area
16,895 square feet
Storeys
1
Basement
None
Appliances
Alarm System

Exterior & parking

Architectural style
[]
Lot size
1.2
Parking features
Other, Gravel
Exterior features
Metal

Building & HOA

Heating
Forced air, Electric

Financial & legal

List price
$1,850,000
Price / sqft
$109 / sqft
Annual taxes
$40,205
Tenure
Freehold
Status
Active
MLS® number
TB251897

Location

City
Pickle Lake
Neighbourhood
Pickle Lake
Province
Ontario
Postal code
P0V3A0
Directions
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.

Mortgage calculator

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Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

Location & neighbourhood

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).