285 Memorial Avenue
Thunder Bay, P7B 6H4
FOR SALE
$3,750,000
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Commercial Retail
CATEGORY 100
RETAIL AREA X13617004
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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.
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Property Details
Address
285 Memorial Avenue
Community
City
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
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Listing contracted with Re/Max Realtron Realty Inc.
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