285 Memorial Ave

Thunder Bay, ON P7B 6H4
  • $3,750,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing 498502 -

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.

Listing Highlights

Status Active
Days on Site 31
Property Type Commercial Sale
MLS ® X13617004
Year Built
Total Square Footage 0
Lot/Acreage 1.38

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Yes
  • Heating: Gas Forced Air Closed
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Sanitary
  • Parking Features: Outside/Surface,No Garage

Financial Details

  • Tax Amount: $96,830
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 621260003
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

285 Memorial Ave Thunder Bay, ON P7B 6H4

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