285 Memorial Avenue
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.
Features & finishes
Property details
| MLS® Number | X13617004 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 1 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| Neighbourhood | Court / Cumberland |
| City | Thunder Bay |
| Postal Code | P7B 6H4 |
| Province | ON |
| Listed Date | July 29, 2026 |
| Days on Market | 8 |
| Price per Sq Ft | $3,750,000 |
| Brokerage | RE/MAX REALTRON REALTY INC. |
Location
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