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$1,099,000
Ontario,Thunder Bay
For Sale Active
421 Victoria AVE E, Thunder Bay, Ontario P7C1A6
  • 14,990 Sqft
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: TB253382
  • Price: $1,099,000
  • Square Footage: 14,990 Sqft
  • Status: Active
  • Property Sub Type: Other
  • Office Key: 52504
Features & Appliances
Features
  • Heating System: Electric, Forced air, Natural gas, Baseboard heaters
  • Basement: Partial
  • Exterior Features: Brick, Concrete Block
  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Electricity, Cable, Telephone
Address Map
  • Location: CA, Ontario, Thunder Bay, P7C1A6
  • Longitude: W90° 45' 17.7''
  • Latitude: N48° 23' 3.5''
Additional Information
  • Water Source:
  • Community Features:
  • Stories: 1.0
Financial
  • Tax Annual Amount: 25670.76
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Listing updated: 2026-04-22 14:51:19
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Listing Information
  • List Agent Key: 2071973
  • List Office Key: 52504
  • Modification Timestamp: 2026-01-16T15:40:49Z
  • Originating System Name: Thunder Bay Real Estate Board
  • Status Change Timestamp: 2026-01-16T15:24:39Z
Powered by REALTOR.ca
Listing updated: 2026-04-22 14:51:20
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