Commercial building featuring a blue and white facade, prominent signage, and an asphalt parking area Features: traffic lights, commercial view, curbs, street, street lights More Photos

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    For Sale - 285 Memorial Avenue, Thunder Bay, Ontario

    Est payment $18,007/mo
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    Time on Jump  15 day




    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

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    Listing Agency:  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.

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