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.
| MLS # | X13617004 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 99 |
| Listing Provided By | RE/MAX REALTRON REALTY INC. | X13617004 498502 |
| SQ Feet | 54,929 |
|---|---|
| Acreage | 1.26 |
| Cooling | Yes |
|---|
| Security Features | Yes |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 96830.33 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Thunder Bay |
| City | Thunder Bay |
| Postal Code | P7B 6H4 |
| Area | Court | Cumberland |
| Listing VS Median (in P7B 6H4) | |
Price: $3,750,000 low | high Med: $3,750,000 sqft: 54,929 low | high Med: 54,929 $ / sqft: $68 low | high Med: $68 On site: 99 low | high Med: 99 | |
| Province | ON |
|---|---|
| County | Thunder Bay |
| City | Thunder Bay |
| Postal Code | P7B 6H4 |
| Area | Court | Cumberland |
| Listing VS Median (in P7B 6H4) | |
Price: $3,750,000 low | high Med: $3,750,000 sqft: 54,929 low | high Med: 54,929 $ / sqft: $68 low | high Med: $68 On site: 99 low | high Med: 99 | |