$1,670,000
( $344.05Per Sq Foot )
 $8,965 est/mo Sourced by Back At You

212 Cumberland Street N,Thunder Bay, ON P7A 4N1

Thunder Bay, ON P7A 4N1

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Description

single-tenant triple-net(NNN) commercial investment property leased to corporate tenant Brewers Retail Inc. (operating as The Beer Store) through December 2030 generating a fixed yearly net rent of $109,215. Because it is a triple-net lease, you have minimal day-to-day management responsibilities or operational cost fluctuations. Tenant directly handles property taxes, building utilities, and maintenance like snow removal, etc. Tenant also pay the insurance. Strong Covenant: Brewers Retail Inc. is a major corporate entity backed by large national/international brewing conglomerates, offering high financial stability compared to a small local business. The tenant directly handling snow plowing, property taxes, utilities and insurance eliminates the risk of inflation eroding your net income. Zoning: Service Commercial, offering high traffic exposure. Bus service, cable, garbage pickup, High speed internet, hydro, Natural gas, Streetlights, Telephone, Air conditioning, Loading dock, Overhead door, large parking area, paved yard, Store front, Wheel chairs access.

Details

MLS #X13864336
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site30
Listing Provided ByRE/MAX REALTY SERVICES INC. | X13864336 498000

Features

Bath(s)1
SQ Feet4,854
Acreage0.11

Interior

CoolingYes

Exterior

Security FeaturesNo

Utilities

UtilitiesAvailable

Taxes

Tax Annual Amount14331.06
Tax TypeAnnual
Tax Legal DescriptionLT 18, 20 BKL L PL 579 MCINTYRE; PT LT 19, 21 BKL L PL 579 MCINTRYE AS IN PTA141938 CITY OF THUNDER BAY
Tax Year2025

Area Information

ProvinceON
CountyThunder Bay
CityThunder Bay
Postal CodeP7A 4N1
AreaCourt | Cumberland
Listing VS Median (in P7A 4N1)
Price:
$1,670,000
low | high
Med:
$1,670,000
50% of Average
sqft:
4,854
low | high
Med:
4,854
50% of Average
$ / sqft:
$344
low | high
Med:
$344
50% of Average
On site:
30
low | high
Med:
30
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

VIDYA SOOKDEO

VIDYA SOOKDEO

Coldwell Banker The Real Estate Centre

 (647) 573-19541vsookdeo@gmail.com
ProvinceON
CountyThunder Bay
CityThunder Bay
Postal CodeP7A 4N1
AreaCourt | Cumberland
Listing VS Median (in P7A 4N1)
Price:
$1,670,000
low | high
Med:
$1,670,000
50% of Average
sqft:
4,854
low | high
Med:
4,854
50% of Average
$ / sqft:
$344
low | high
Med:
$344
50% of Average
On site:
30
low | high
Med:
30
100% of Average
Sourced by Back At You
Listing Updated: October 5, 2026 at 6:10:00 PM PDT