More Photos

×

    For Sale - 285 Memorial Avenue, Thunder Bay, Ontario

    Est payment $18,007/mo
    Get pre-qualified
    Views   2
    Time on Jump  62 day

    AI Summary *

    • Prime commercial property located in a fast-growing area of Thunder Bay.
    • Anchored by recognized AAA tenants ensuring stable income security.
    • Triple Net (NNN) leases minimize landlord responsibilities for hassle-free ownership.
    • Attractive cap rate of approximately 7% for strong investment returns.
    • Ideal for portfolio expansion or as a recession-resilient investment option.




    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.
    Listing IDX13617004
    Address285 Memorial Avenue
    CityThunder Bay, Ontario
    Price$3,750,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air ClosedSewer Sanitary

    ASAP

    Thu

    1

    Oct

    Fri

    2

    Oct

    Sat

    3

    Oct

    Sun

    4

    Oct

    Mon

    5

    Oct

    Tue

    6

    Oct

    Wed

    7

    Oct

    Thu

    8

    Oct

    Fri

    9

    Oct

    Sat

    10

    Oct

    Sun

    11

    Oct

    Mon

    12

    Oct

    Tue

    13

    Oct

    Wed

    14

    Oct

    Thu

    15

    Oct

    Fri

    16

    Oct

    Sat

    17

    Oct

    Sun

    18

    Oct

    Mon

    19

    Oct

    Tue

    20

    Oct

    Wed

    21

    Oct

    Thu

    22

    Oct

    Fri

    23

    Oct

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: RE/MAX REALTRON REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    We're in the process of adding more listings. Please check back soon!

    Loading...
    285 Memorial Avenue
    Thunder Bay , Ontario
    $3,750,000
    Get more info