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212 Cumberland Street

Court / Cumberland / Thunder Bay, ON P7A 4N1

ActiveFor Sale
0 Beds
1 Baths
4,854 Sq Ft
Commercial

About This Property

single-tenant triple-net(NNN) commercial investment property leased to corporate tenant Brewers Retail Inc. (operating as The Beer Store) through December 2030 generating a fixed yearly net rent of $109,215. Because it is a triple-net lease, you have minimal day-to-day management responsibilities or operational cost fluctuations. Tenant directly handles property taxes, building utilities, and maintenance like snow removal, etc. Tenant also pay the insurance. Strong Covenant: Brewers Retail Inc. is a major corporate entity backed by large national/international brewing conglomerates, offering high financial stability compared to a small local business. The tenant directly handling snow plowing, property taxes, utilities and insurance eliminates the risk of inflation eroding your net income. Zoning: Service Commercial, offering high traffic exposure. Bus service, cable, garbage pickup, High speed internet, hydro, Natural gas, Streetlights, Telephone, Air conditioning, Loading dock, Overhead door, large parking area, paved yard, Store front, Wheel chairs access.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size4,854 sq ft
Bedrooms0
Bathrooms1
Taxes (2025)$14,331
Postal CodeP7A 4N1
Last UpdatedOct 8, 2026 · 4:00 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

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TRREB MLS® Attribution

MLS® X13864336

Listed by RE/MAX REALTY SERVICES INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,670,000

asking price

MLS®X13864336
TypeCommercial
CityThunder Bay
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$8,155

/month · $1,336,000 mortgage

Down Payment20% — $334,000
Interest Rate5.5%

Amortization

Total Interest

$1,110,449

Total Cost

$2,446,449

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX REALTY SERVICES INC.