1331 MOUNTAIN Road, Thunder Bay
1331 MOUNTAIN Road, Thunder Bay, ON P7J1C3
$799,900 total
4,500 SF
Asset Class
Hospitality
Size
4,500 SF
Building class
A
Zoning
CHY — Highway Corridor
$ / SF
$178
Occupancy
90%
Lot Size
15 ac
About this property
A rare opportunity to acquire the former White Fox Inn, situated on approximately 15 acres of pristine land on sought-after Mountain Road, directly across from the renowned Fort William Country Club. The property is currently in the midst of an extensive renovation and redevelopment project, transforming the building into a modern inn/hotel while preserving its unique character and presence. Significant work has already been completed, offering a valuable opportunity for investors, developers, or owner-operators to continue the vision or adapt the property to suit their own objectives. In addition to its hospitality potential, the property may lend itself to a variety of alternative uses, including single-family residential use, subject to applicable approvals and regulations. The expansive acreage, prime location, and flexible potential make this a truly unique offering. Whether you are seeking a hospitality venture, redevelopment opportunity, or an exceptional estate property, this landmark location offers tremendous possibilities. Additional information, renovation details, and permitted uses are available upon request. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$46K
Annual cash flow
$1K
Cash-on-cash
0.58%
DSCR
1.03
Going-in cap
5.72%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 2,114 SF | 2032-01 |
| Prairie Coffee Roasters | 1,010 SF | 2032-01 |
| Prairie Coffee Roasters | 481 SF | 2032-01 |
| Prairie Coffee Roasters | 432 SF | 2032-01 |
Area demographics
Trade area within 3 miles of the property.
Population
91,678
Households
42,673
Median income
$123,500
Median age
37.3
Daytime population
117,331
5-yr growth
3.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1331 MOUNTAIN Road, Thunder Bay.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.