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285 Memorial Avenue
Court / Cumberland Thunder Bay P7B 6H4

$3,750,000 /For Sale
Commercial

Main Photo: 285 Memorial Avenue in Thunder Bay: Court / Cumberland Commercial for sale : MLS®# X13617004
Photo 1: 285 Memorial Avenue in Thunder Bay: Court / Cumberland Commercial for sale : MLS®# X13617004
Photo 2: 285 Memorial Avenue in Thunder Bay: Court / Cumberland Commercial for sale : MLS®# X13617004
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13617004
Bus Major:
Retail Store Related
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.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
54929 sq. ft. Acres
Total Area:
1.26 acre(s)
Retail Area:
100 sq. ft. %
Lot Depth:
164'½"
Lot Frontage:
366'9⅛"
Water supply:
Municipal
Zoning:
COMMERCIAL(SC)
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$96,830.33 / 2025
Assessment:
$- / 2025
Thunder Bay
Thunder Bay
Court / Cumberland
Yes
"The Building Has a Great Exposure on one Of The Busiest Street & The New Development Areas Of Thunder Bay.
None
No
Utilities:
Yes
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Condo Fee:
$0
Major Business Type:
Retail Store Related
Category:
Service
Franchise:
No
Days Open:
Open 7 Days
Employees:
0
Chattels:
No
LLBO:
No
Seats:
0
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
0
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
0
Date Listed:
Jul 29, 2026
  • Photo 1: 285 Memorial Avenue in Thunder Bay: Court / Cumberland Commercial for sale : MLS®# X13617004
    Photo 1 of 2
  • Photo 2: 285 Memorial Avenue in Thunder Bay: Court / Cumberland Commercial for sale : MLS®# X13617004
    Photo 2 of 2
Listed by RE/MAX REALTRON REALTY INC.
Data was last updated July 29, 2026 at 04:15 PM (UTC)
SAM  CHAIM
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.