285 Memorial Avenue

Thunder Bay, P7B 6H4
FOR SALE
$3,750,000
285 Memorial Avenue, Thunder Bay
285 Memorial Avenue
285 Memorial Avenue
285 Memorial Avenue
285 Memorial Avenue
285 Memorial Avenue
Commercial Retail
CATEGORY
100
RETAIL AREA
X13617004
MLSID
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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.
Property Details
Address
285 Memorial Avenue
Postal Code
P7B 6H4
Property Type
Commercial Retail, Commercial Retail
Use
Service
Zoning
COMMERCIAL(SC)
Lot Size
367' x 164'
Retail Area
100
Taxes
$96,830 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Outside/Surface
Listing contracted with Re/Max Realtron Realty Inc.
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354162012