$3,750,000
( $68.27Per Sq Foot )
 $20,131 est/mo Sourced by Back At You

285 Memorial Avenue,Thunder Bay, ON P7B 6H4

Thunder Bay, ON P7B 6H4

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Description

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.

Details

MLS #X13617004
Listing TypeFor Sale
Sub-TypeResale
StatusSold Conditional
Year0
Days On Site99
Listing Provided ByRE/MAX REALTRON REALTY INC. | X13617004 498502

Features

SQ Feet54,929
Acreage1.26

Interior

CoolingYes

Exterior

Security FeaturesYes

Utilities

UtilitiesYes
SewerSanitary

Taxes

Tax Annual Amount96830.33
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
CountyThunder Bay
CityThunder Bay
Postal CodeP7B 6H4
AreaCourt | Cumberland
Listing VS Median (in P7B 6H4)
Price:
$3,750,000
low | high
Med:
$3,750,000
50% of Average
sqft:
54,929
low | high
Med:
54,929
50% of Average
$ / sqft:
$68
low | high
Med:
$68
50% of Average
On site:
99
low | high
Med:
99
100% of Average
Sourced by Back At You

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Additional Information


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Learn More About This Property

ProvinceON
CountyThunder Bay
CityThunder Bay
Postal CodeP7B 6H4
AreaCourt | Cumberland
Listing VS Median (in P7B 6H4)
Price:
$3,750,000
low | high
Med:
$3,750,000
50% of Average
sqft:
54,929
low | high
Med:
54,929
50% of Average
$ / sqft:
$68
low | high
Med:
$68
50% of Average
On site:
99
low | high
Med:
99
100% of Average
Sourced by Back At You
Listing Updated: September 30, 2026 at 12:32:44 AM PDT