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Renanza Realty
For sale

507 VICTORIA AVE E

Thunder Bay (McKeller Park), Ontario

MLS® X13251492

$865,000

Status
Active
Property type
Retail
MLS® number
X13251492
Bedrooms
—
Bathrooms
2
Year built
—

Listing description

Opportunity awaits with this impressive 17,500 sq. ft. commercial building located in the heart of Thunder Bay's South Core.

Positioned on Victoria Avenue, a corridor currently undergoing a major reconstruction project designed to revitalize the area and restore thorough traffic flow, this landmark property offers exceptional potential for investors, entrepreneurs, and developers alike. Rich in history and character, the building features soaring ceilings, stunning antique tin ceilings on the main floor, exposed brick walls, a striking rear mural, and expansive open-concept spaces that have most recently operated as an indoor marketplace. Spanning two levels plus a full basement, the property offers incredible flexibility for a variety of uses including retail, office space, mixed-use development, event space, studios, or commercial redevelopment.

Additional features include two updated natural gas boilers (2016), predominantly LED lighting throughout, two bathrooms, a freight elevator system (currently not in use), a covered garage/loading dock, and upper-level living quarters complete with a gas fireplace. With its combination of size, character, history, and prime location in an area poised for renewed growth, this is a rare opportunity to acquire one of the South Core's most distinctive commercial properties. Endless possibilities await the next visionary owner.

Visit www. century21superior. com for more info & pics.

Property summary

MLS® number
X13251492
Property type
Retail
Land size
57.91 x 150 FT
Annual property taxes
$5,210.38
Parking
1 space
Days on market
119 days

Features & details

Heating
Hot water radiator heat, Natural gas, Other
Cooling
None
Basement
Full
Appliances
Washer
Exterior features
Brick

What would this home cost you?

Based on the $865,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,025 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Superior Realty Inc., Thunder Bay.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.