Commercial Real Estate for Sale

26 Listings
1331 Mountain Road, Thunder Bay
Investment
$1,249,900
FOR SALE
An exceptional opportunity awaits with this unique 9-room hotel situated on approximately 15 acres of land, offering significant potential for expansion, redevelopment, or reimagining into a thriving hospitality destination, ideally located on a main Rd with direct access and just minutes away from Hwy 61 and Trans Cananda Highway, the property benefits from high visibility, strong traffic exposure, and convenient accessibility---making it an ideal investment for developers, hoteliers, or entrepreneurs looking to tap into a growing market. While the existing hotel structure is in need of renovations, it presents a blank canvas to transform into a modern boutique inn, charming roadside motel, or a serene retreat catering to travelers, tourists, or long term guests. With zoning and space to expand the current setup to 15 rooms or more, the possibilities are vast. The expansive 15---acre lot opens up to even more opportunity for future development, whether it be additional accommodations recreational amenities, or even a commercial venture. this is more than a just a hotel---- it's a rare chance to invest in a substantial piece of land with unlimited upside, in a location that offers both exposure and access. If you're looking for a project with serious potential and long---term value, this property checks every box.
16 Cumberland Street, Thunder Bay
Commercial Retail
$1,099,999
FOR SALE
Investment opportunity in the Heart of Downtown Port Arthur. This one storey building which is approximately 8,856 sqft resting on a concrete slab foundation. The interior of the subject consists of five commercial spaces. One is a large bar/restaurant area (Red Lion), with bar, full kitchen, storage areas, office, 1x staff washroom, 2X public washrooms, and a common 2x public washrooms. The second space is Big Lake Pasta, the third is Record Store, the fourth is music store and the fifth is Chocolatier. All five areas are similar finishings with drywall walls, either vinyl flooring or vinyl plank, a combination of steel roof system and acoustic drop ceiling tile.
28 Court Street, Thunder Bay
Commercial Retail
$249,000
FOR SALE
Large commercial building situated in the heart of Thunder Bay's vibrant entertainment district and steps from the waterfront. Excellent visibility and high foot traffic make this an ideal opportunity for a variety of potential uses. Property is being sold as is, where is.
1539 Arthur Street, Thunder Bay
Land
$179,900
FOR SALE
Sizable vacant building lot for sale. Ready for development. Convenient location close to schools, shopping and entertainment. Just steps from Vickers Park. MU2 zoning allows for multiple uses including apartment building or multifamily home, restaurant, medical/dental offices, financial services, retirement building, etc. Utilities on street. Income-generating.
320/322 May Street, Thunder Bay
$579,900
FOR SALE
7 units! Live and work or use the entire space as a revenue stream. Lots of options.
273 Algoma St. S., Thunder Bay
Commercial Retail
$699,900
FOR SALE
Your business belongs here. This solid brick and vinyl commercial building sits in the heart of the trendy north ward, with strong visual exposure, steady traffic, and plenty of off-street parking. It is close to shopping, dining, transit, and everyday services, so clients and staff will find it easy to reach. The property has been thoughtfully updated, including a Navien combi boiler, a newer upstairs furnace, a 200A panel with copper wiring, updated plumbing and electrical, mostly triple-pane windows, central vac, a new sump pump, and refreshed staff room, kitchenette, laundry, and storage areas. The flexible layout suits owner-occupiers who want a place to grow their own practice, clinic, salon, or office. Investors can also assume the existing tenancies and offset carrying costs from day one, or take possession and make the space their own. Priced at $699,900. Book your showing today.
285 Memorial Avenue, Thunder Bay
Commercial Retail
$3,750,000
FOR SALE
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.
1120 John Street Road, Thunder Bay
Commercial Retail
$2,999,900
FOR SALE
*Power Of Sale*Opportunity To Purchase A Fully Leased Gas Station Offering A Great Return On Investment. Currently Leased To A Triple AAA Tenant Operating An 8-Pump Gas Station With Canopy, Including Retail Building And Covered Fast-Food Drive-Through, Generating Over $233,000 In NOI Per Year. Strategically Located Within Close Proximity To Highway 17.
38-42 Cumberland, Thunder Bay
Commercial Retail
$2,800,000
FOR SALE
Get yourself a historic piece of Downtown P.A. 17 residential units + 2 Commercial units. Timeless, classic exterior, great downtown location. Some units are rented, some are vacant. Call today for more details.
395 Fort William Rd., Thunder Bay
Commercial Retail
$2,399,000
FOR SALE
Exceptional opportunity to own a fully renovated 10,023 sq.ft. commercial/investment property in one of Thunder Bay's most desirable waterfront-adjacent locations. Comprised of 6,057 sq.ft. on the main floor, 3,490 sq.ft. on the second level, and a 476 sq.ft. mezzanine, this versatile Light Industrial-zoned building offers tremendous flexibility for a wide variety of permitted uses including fitness, professional services, retail, trades, office, studio, showroom, warehouse, and investment opportunities. Extensively renovated throughout, major upgrades include new flooring, lighting, electrical, security system, garage doors, rear windows, front storefront window, updated plumbing, three new air conditioning units, a new lower-level furnace, renovated change rooms complete with showers and saunas, and a freshly painted exterior. Currently operating as a gym and barber shop, the building provides a functional layout with endless possibilities for future owners, owner-occupiers, or investors. The roof and parking area have been maintained and repaired as required over the years. Ideally situated steps from Marina Park with breathtaking Sleeping Giant views and surrounded by ongoing waterfront revitalization, this is a rare opportunity to acquire a landmark commercial property with exceptional long-term growth potential in one of the city's most sought-after locations. Don't miss this unique investment opportunity.
1111 Victoria Ave E, Thunder Bay
$2,099,000
FOR SALE
Prime commercial leasing opportunity in a well-maintained, secure, and updated building at 1111 Victoria Avenue East. This 12,000 sq. ft. plaza is home to several successful, long-term businesses and benefits from strong foot traffic and excellent visibility. Ideally located close to major amenities, shopping, and services, with significant future growth potential as Victoria Avenue continues to redevelop and the nearby mall site is transformed. Recent upgrades include HVAC, lighting, roof, and other major building systems, providing peace of mind for tenants. A high-exposure location with strong surrounding businesses, steady traffic, and long-term upside. Perfect for businesses looking to grow in a proven commercial corridor.
2059 Baker Ave, Thunder Bay
Commercial Retail
$2,180,000
FOR SALE
174 Munro Street, Thunder Bay
Commercial Retail
$1,750,000
FOR SALE
Newer office with warehouse. 4 offices with reception area & washroom. Garage area includes loft area & washroom with many possibilities. Multiple uses. Make your appt today. Will consider lease.
325 Munro Street, Thunder Bay
$1,299,000
FOR SALE
10 Unit Motel For Sale! 9 units + 1 owner/care takers suite with patio. Every unit has been updated; New Windows, Doors, Carpet, Flooring, ect. Newer H/E Boiler, slab on grade construction. Updated Fire Inspection from Dec 2025. Large asphalt parking lot recently sealed, all situated in a great North side neighborhood! Immediate Possession is Available!
240 Alton Road, Thunder Bay
Commercial Retail
$699,900
FOR SALE
NEW LISTING! Opportunity Awaits! for the Savvy Organization or Entrepreneur who wants to Purchase this Rare Once in a Lifetime Chance to Own a Commercial Building on 54.5 Acres in a Country Rural Setting with Plenty of Parking! Bi-Level Plan with a 2,783 Square Foot Hall on the Main Floor with a Commercial Kitchen, Bar Area, and LCBO Licensed Seating for 150 People. Wood Deck off the Main Level. In the Lower Level is another 2,783 Square Feet of Usable Area Consisting of Another Event Space with Bar, Wood Fireplace, Bathrooms with Showers, Office Area, and Storage Areas. Exterior Storage Area. There is a Massive Soccer Field Area that has Multiple Uses. You Could Turn This Unique Building and Property into Many Different Things.
1550 Dawson Road, Thunder Bay
Sale Of Business
$1,999,000
FOR SALE
New Listing. FOR SALE: Versatile Industrial Property with Exceptional Frontage, Depth, & Acreage. Property Overview: Unlock the potential of this impressive 6,000 sq ft industrial building situated on a generous 4.21-acre lot. Located in a highly accessible area, the property boasts 442.53 feet of prime frontage, offering outstanding visibility and access for a variety of business operations. Light Industrial Zoning. Key Features: Main Building: 6,000 sq ft of open-span industrial space, ideal for manufacturing, warehousing, distribution, or commercial use. High 22 foot ceilings, 3 large access overhead doors, and flexible layout to suit your operational needs. Secondary Building: A 1,500 sq ft auxiliary structure, perfect for storage, or additional workspace. Land: Expansive 4.21 acres provides ample room for parking, equipment storage, or future expansion. Frontage: 442.53 feet along a well-trafficked road/highway ensures excellent exposure and ease of access for trucks and large vehicles. Ideal For: Contractors, logistics and distribution centers, light manufacturing, equipment rental companies, investors seeking development or rental income potential. This is a rare opportunity to acquire a strategically located industrial property with ample land, versatile buildings, and standout road frontage. Don’t miss your chance to secure a high-value asset in a growing area. Contact today to schedule a private tour or request more information.
0 Business Sale Avenue, Thunder Bay
Commercial Retail
$323,000
FOR SALE
This well-established bicycle e-commerce business, with 25 years of proven success, offers a rare opportunity to acquire a trusted and profitable brand in a rapidly growing market. Generating consistent annual revenues exceeding $1 million, the company has built a strong reputation specializing in e-bikes, mountain bikes, and kids’ bikes—key segments driving industry growth. It holds exclusive rights to several premium brands and maintains longstanding relationships with all major North American bicycle distributors, ensuring reliable supply and competitive positioning. With a loyal customer base, streamlined operations, and significant potential for further online expansion, this business is ideally positioned for a new owner to scale and capitalize on the continued surge in cycling demand.  The company’s eCommerce platform is a major asset, featuring a well-established online storefront, efficient order processing systems, and a proven track record of digital sales. There is substantial opportunity to scale further by expanding product lines, strengthening SEO performance, investing in digital advertising, and leveraging social media and email marketing. Additional growth could be unlocked through marketplace integrations, improved logistics and fulfillment strategies, and enhanced customer experience initiatives. Included in the sale is; fixtures & equipment, operating name, online sales systems, retail store front lease and goodwill. Qualified purchasers are asked to contact the listing agent or their preferred agent for next steps in learning more.
160 Waterloo Street, Thunder Bay
Sale Of Business
$450,000
FOR SALE
New Listing - Complete turn key pizza franchise business! Well established sales and clientele. If you always thought of running your own business but need guidance, this is the way to go. Call for details. Confidentiality Agreement required.
1120 John St. Rd., Thunder Bay
Sale Of Business
$3,299,000
FOR SALE
Exceptional, income-producing commercial asset located in the John Street South sub-district of Thunder Bay, positioned directly off Highway 11/17 at one of the city’s busiest intersections. This highly visible corner benefits from significant daily traffic counts, outstanding exposure, and seamless access for both local and through traffic. The property features a gas station and convenience store, complemented by a Tim Hortons with leases in place, delivering stable cash flow and strong tenancy. The surrounding corridor is a proven commercial node, making this a rare opportunity to acquire a fully built, operating asset in a location that consistently outperforms. With established businesses, heavy traffic volumes, and a strategic gateway position, this offering presents long-term income stability with meaningful upside for investors seeking a premium commercial holding in Northwestern Ontario. A standout opportunity where location, exposure, and tenancy align.
127 May Street, Thunder Bay
Commercial Retail
$299,000
FOR SALE
Investment Opportunity – McKellar Park Commercial Space with Rooftop Patio. Located in McKellar Park, this 2,500+ sq. ft. storefront commercial property offers great potential for investors or developers. Previously operated as an entertainment/gaming bar, the business is now closed. The building includes a main floor commercial space, a second level with office area, two washrooms, and a roughed-in kitchenette, as well as a rare rooftop patio. Back-lane access with 1–2 parking spaces adds convenience. The adjoining unit at 125 May Street South is also available for purchase, offering additional development possibilities. Property is being sold as is, where is with no access for viewings. Interior condition is unknown—buyer to verify all details. Visit www.century21superior.com for more info.
125 May Street, Thunder Bay
Commercial Retail
$249,900
FOR SALE
Located in the McKellar Park area, this versatile property offers a unique opportunity for investors or developers. Currently configured as four residential units with back-lane access and two parking spaces, the building holds potential for conversion to retail or office use, making it ideal for a variety of future possibilities. Please note, the building is not currently accessible and is being sold as is, where is. Vacant and ready for transformation, this is a great chance to reimagine a space in a building in a commercial area of Thunder Bay. Can be purchased in a combination sale with 127 May Street next door. Please note - there is no access for any site visits. Visit www.century21superior.com for more info.
227-229 Pearl Street, Thunder Bay
Commercial Retail
$1,350,000
FOR SALE
**FOR SALE***HUGE INVESTMENT PROPERTY*** PRIME DOWNTOWN WATERFRONT DISTRICT*****11,880 sf + 3 Parking Lots**8% CAP RATE* PERFECT FOR INVESTMENT**Annual Rent Potential $155,000+: Lower Level-$64,979.86 (Leased) + 2nd Floor-$25,066.50 (Leased)+ Main Floor $64,000(Currently Vacant) *** Full NEW Commercial Kitchen 2024** Eating & Bar Area in Basement. **Stage** + Natural Hardwood Dance Floor- Wide Open Space, 2 Office Spaces+ Bathrooms. Brand new Boiler System Installed in (2023); with Plenty of Parking in PRIME DOWNTOWN PORT ARTHUR LOCATION!!*INCLUDES 3 ADJACENT, PARKING LOTs (33' X 165')* Currently Basement & 2nd Floor are Leased, Main Floor is vacant Open Concept banquet hall Stage, dance floor and wide open space on main floor along with additional rentable office space on main floor with 2-piece bathroom. Second floor includes 8 total individual offices paces plus boardroom and storage room with two complete bathrooms *VACANT IMMEDIATE POSSESSION**Please Call Anytime for Details & Showings.
220 Leland Street, Thunder Bay
Commercial Retail
$1,200,000
FOR SALE
AGOSTINO'S DELI AND BAKERY! Known city wide, the finest in Italian Cuisine, Fresh Breads, Fresh Pasta's, Deli Meats and Imported Cheese's, Servicing Restaurants City wide, Great Family run business for over 40 years!
1014 Dawson Road, Thunder Bay
Land
$350,000
FOR SALE
Great potential! Commercial land near major high way and community centre. The land was previously used as a gas station and underground oil tank possibly exists. It is being sold as is. The buyer is responsible for the verification and obtaining permit before any development.
605 Victoria Avenue, Thunder Bay
Commercial Retail
$249,900
FOR SALE
Introducing an unparalleled commercial listing in the heart of the transformative Victoriaville Mall Redevelopment Plan the investment opportunity you've been eagerly anticipating. Boasting over 7,100 square feet of prime main floor retail space, adaptable for office use as well, this property stands as a cornerstone of the evolving Victoriaville landscape. Ascend to the second floor, where an additional 1,000 square feet awaits, featuring a layout perfectly suited for smaller offices, complete with a lunchroom, kitchen facilities, and a convenient three-piece washroom. Efficiency is paramount, with a Lennox gas furnace ensuring optimal comfort via forced air heating. Equipped with a robust 400 amp service and dual hydro meters, this property is primed for versatility and functionality to accommodate a range of business needs. Beneath the surface lies 7,000 square feet of un-finished basement space, providing ample room for storage or further customization with existing racking infrastructure in place. **EXTRAS** Seize the opportunity to be a part of the dynamic Victoriaville Mall Redevelopment Plan. Envision your business thriving in this premier location, poised for success amidst a backdrop of growth and innovation.
126 May Street, Thunder Bay
Investment
$379,900
FOR SALE
Exceptional investment opportunity in Thunder Bay! This meticulously maintained free-standing 9 unit apartment building consisting of 6residential units, spanning 7,879 square feet, presents 5 one-bedroom units, 1 two-bedroom unit, and 3 commercial units, this property is designed for income potential and cash flow generation. Nestled in a prime locations, residents enjoy proximity to a host of amenities, including restaurants & cafes, shopping outlets, Victoriaville Mall, City Hall, grocery stores, parks, gym, salons, Public school, pharmacy, bus stops, Kaministiquia River Heritage Park and much more. Whether you're a seasoned investor or new to real estate, this property promises a solid return on investment. Don't wait, seize this chance to secure a valuable asset in Thunder Bays thriving real estate market. With over 7000 sq feet of residential and retail space and another 3849 sq feet of basement square footage, this building has excellent potential for cash flow.
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