6
$3,750,000 Sale
Listed 89 days ago
285 Memorial Avenue
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Listing History
Buy/Sell/Terminated/Expired listing history for 285 Memorial Avenue
Key Facts
Key facts for 285 Memorial Avenue
Property Type
Commercial
Parking
Outside/Surface
MLS #
X13617004
Size
-
Basement
-
Listed on
2026-07-29
Lot size
367 x 164.04
Tax
$96,830.33 /yr
Days on Market
90
Approximate Age
-
Maintenance Fee
-
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 re...cognized 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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Courtesy of: RE/MAX REALTRON REALTY INC.