Space
Finished area and layout
- Building Area
- 1.261 ac
+1 more
$3,750,000
285 Memorial
Thunder Bay, On, P7B 6H4
mixed use
1.261 ac
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- commercial retail / Mixed Use
Lot
Land, frontage and setting
- Zoning
- COMMERCIAL(SC)
Costs
Price, taxes and monthly charges
About This Property
This commercial retail in Thunder Bay offers 1.261 ac of building area. The property has zoned COMMERCIAL(SC). The home features yes.
MLS Remarks
An Exceptional Investment Opportunity in the Heart of Thunder Bay's Thriving Commercial Corridor Presenting a premier, institutional-quality income property located in one of Thunder Bay's fastest-growing commercial hubs. This distinguished asset is anchored by an outstanding roster of nationally recognized AAA tenants, including Wellwise, a grocery, and Reliance, ensuring exceptional stability income security. Designed to deliver consistent, hassle-free returns, the property features Triple Net (NNN) leases, significantly minimizing landlord responsibilities while generating reliable cash flow. Offering an attractive cap rate of approximately 7%, this is a rare opportunity to acquire a high-performing commercial asset with immediate income and outstanding long-term appreciation potential. Whether you're expanding an established real estate portfolio or seeking a premier, recession-resilient investment, this trophy asset represents the ideal combination of quality, stability, and growth.
Inclusions
"The Building Has a Great Exposure on one Of The Busiest Street & The New Development Areas Of Thunder Bay.
Full Listing Details
Address285 Memorial Avenue, Thunder Bay, ON P7B 6H4
MLS#X13617004
Listing StatusSold Conditional
Property TypeCommercial
Sub-TypeCommercial retail
TransactionSale
List DateJul 29, 2026
Days on Market88
Annual Tax$96,830 (2025)
Possession DetailsTBA
StyleMixed Use
CityThunder Bay
ProvinceOn
Postal CodeP7B 6H4
ZoningCOMMERCIAL(SC)
CoolingYes
SecurityYes
UtilitiesYes
SewerSanitary
Annual Tax$96,830 (2025)
"The Building Has a Great Exposure on one Of The Busiest Street & The New Development Areas Of Thunder Bay.
Business TypeRetail Store Related
MEMORIAL Ave & JOHN St
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
