421 Victoria Ave E Thunder Bay, Ontario P7C 1A6
$1,099,000
Exceptional value-add redevelopment opportunity at 421-425 Victoria Avenue East, a substantial commercial property strategically positioned in the transitional urban core of Thunder Bay, Ontario. This offering consists of a single-story, 14,990 sq.ft. building on a 15,300 sq.ft. corner lot. . The property features a significant advantage for a new owner: approximately 40% of the building is finished and operating as an anchor pharmacy and clinic, a critical first phase that de-risks the investment. The remaining 60% of the structure, where redevelopment has paused, is partitioned and ready for a new vision, offering a clear path for an investor to create significant value by completing the space for complementary commercial uses and capitalizing on a revitalizing downtown market. (id:49187)
Property Details
| MLS® Number | TB253382 |
| Property Type | Other |
| Neigbourhood | Fort William |
| Community Name | Thunder Bay |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
Building
| Age | Over 26 Years |
| Amenities | Street Lighting |
| Basement Type | Partial |
| Exterior Finish | Brick, Concrete Block |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 1 |
| Size Interior | 14990 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 153.0000 |
| Size Total Text | Under 1/2 Acre |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29059194/421-victoria-ave-e-thunder-bay-thunder-bay
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November 03 2025 02:58:01
Thunder Bay Real Estate Board
Royal LePage Lannon Realty