$ 1,850,000

6 To 12 Koval Street, Pickle Lake

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. (id:1945)
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Property details for 6 To 12 Koval Street, Pickle Lake

Type
Commercial
Living Area
16,895 square feet
Lot Size
1.2
Basement
None
Heating
Electric, Other
Cooling
Fully air conditioned
Exterior
Steel
Annual Taxes
$40,205

Nearby Listings Stat

Estimated price and comparable properties near 6 To 12 Koval Street

Active Listings
2
Min Price
$34,900
Max Price
$1,850,000
Avg Price
$942,450
Days on Market
325
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Price History

Listed
June 27, 2025
by CENTURY 21 NORTHERN CHOICE REALTY LTD.
Current Price
$1,850,000
-7.5% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $1,850,000 $150,000 (-7.5%)
Mar 25, 2026 $2,000,000 Listed

Contact Agent Get in touch about 6 To 12 Koval Street, Pickle Lake

STACEY GEORGE
STACEY GEORGE
CENTURY 21 NORTHERN CHOICE REALTY LTD.