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38 Haniak Road, Thunder Bay, ON P7K 0C7

Rosslyn Road · Thunder Bay · ON

$5,400,000For Sale Updated 20 hours ago
38,201 sq ftLiving area
InvestmentProperty type

About this property

Long-Term NNN Industrial Sale-Leaseback Investment. 38,201 SF Freestanding Industrial Facility (Approx. 2,737 SF Office & 35,464 SF Industrial) On Approx. 18.45 Acres In Rosslyn (Oliver Paipoonge), Minutes West Of Thunder Bay With Quick Access To Hwy 130 And The Trans-Canada Highway (Hwy 11/17). A Well-Established Industrial Tenant With A 49+ Year Track Record Will Sign A New 10-Year Triple Net Lease On Closing At $12.00/SF In Year 1 With 2.5% Annual Escalations (Approx. $458,412 Year-1 Net Rent - 8.49% Going-In Cap Rate At List Price). Steel Frame Construction, 26 Ft Clear Height, 14 Grade-Level Doors, Crane-Served Bays, Gas Forced Air Heat. Originally Built 1974 With Expansions Through 2022. Zoned PM1 (Paipoonge Light Industrial). Large Yard With Outside Storage. Services: Hydro, Drilled Well, Septic, Natural Gas, Telephone & High-Speed Internet. Thunder Bay Is The Main Service Hub For Northwestern Ontario And The Gateway To The Ring Of Fire Mineral Region. Ideal For REITs, Institutional And Private Investors Seeking Stable, Hands-Off Income.

Property details

MLS® Number
X14122604
Status
Active / New
Transaction
For Sale
Property Type
Commercial
Property Subtype
Investment
Lot Size
Feet
Lot Width
172.85
Lot Depth
1821.80
Taxes
$101,381
Tax Year
2026
Garage
Outside/Surface
Heating
Gas Forced Air Closed
Cooling
No
Sewer
Septic
Cross Street
ARTHUR STREET W & HWY 130
Directions
FROM THUNDER BAY, WEST ON ARTHUR ST W (HWY 11/17) TO HWY 130, ROSSLYN
Occupancy
Owner

Interior Features

Security
No

Building & Construction

Building area
38201

Parking & Garage

Garage
Outside/Surface

Community & Neighbourhood

Community
Major Highway
Cross street
ARTHUR STREET W & HWY 130

Utilities & Services

Sewer
Septic
Water source
Drilled Well
Utilities
Yes

Location

Listing courtesy of RE/MAX REALTY SPECIALISTS INC.

Property History

Listed
October 27, 2026 5:22 PM
Listing updated
November 9, 2026 8:23 PM
System updated
November 9, 2026 8:23 PM
Photos changed
October 27, 2026 5:22 PM
Media changed
November 9, 2026 8:23 PM
Imported locally
November 10, 2026 12:00 AM

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