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285 Memorial Avenue

Court / Cumberland / Thunder Bay, ON P7B 6H4

ActiveFor Sale
0 Beds
0 Baths
1 Sq Ft
Commercial

About This Property

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

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1 sq ft
Bedrooms0
Bathrooms0
Postal CodeP7B 6H4
Last UpdatedAug 24, 2026 · 8:08 a.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13617004

Listed by RE/MAX REALTRON REALTY 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.

$3,750,000

asking price

MLS®X13617004
TypeCommercial
CityThunder Bay
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$18,312

/month · $3,000,000 mortgage

Down Payment20% — $750,000
Interest Rate5.5%

Amortization

Total Interest

$2,493,523

Total Cost

$5,493,523

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

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Listed By

RE/MAX REALTRON REALTY INC.