285 Memorial AVE, Thunder Bay, ON P7B 6H4
285 Memorial AVE, Thunder Bay, ON P7B 6H4
285 Memorial AVE, Thunder Bay, ON P7B 6H4
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Christine Domina

Christine Domina

+1(416) 873-4747
$3,750,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision Court / Cumberland

MLS Listing ID X13617004

Annual Tax Amount $96,830

Tax Year 2025

Property Sub-Type Commercial Retail

Property 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.

Location

Province ON

County Thunder Bay

Area Thunder Bay

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 366.76

Lot Depth 164.04

Others

Security Features Yes

ParcelsYN No

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Listed by RE/MAX REALTRON REALTY INC.

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor | License ID: 9603994

Realtor License ID: 9603994

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