$865,000
( $49.43Per Sq Foot )
 $4,644 est/mo Sourced by Back At You

507 Victoria Ave E,Thunder Bay, ON P7C1A8

Thunder Bay, ON P7C1A8

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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. (id:13843)

Details

MLS #TB2601297
Listing TypeFor Sale
StatusActive
Days On Site84
Listing Provided ByCENTURY 21 SUPERIOR REALTY INC. | WENDY FERRIS

Features

SQ Feet17,500
BasementY

Exterior

Lot FeaturesElevator, Office space, Overhead doors

Parking

Parking FeaturesParking Space(s), Rear

Taxes

Tax Annual Amount5210.38

Area Information

ProvinceON
CityThunder Bay
Postal CodeP7C1A8
Listing VS Median (in P7C1A8)
Price:
$865,000
low | high
Med:
$865,000
50% of Average
sqft:
17,500
low | high
Med:
17,500
50% of Average
$ / sqft:
$49
low | high
Med:
$49
50% of Average
On site:
84
low | high
Med:
84
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityThunder Bay
Postal CodeP7C1A8
Listing VS Median (in P7C1A8)
Price:
$865,000
low | high
Med:
$865,000
50% of Average
sqft:
17,500
low | high
Med:
17,500
50% of Average
$ / sqft:
$49
low | high
Med:
$49
50% of Average
On site:
84
low | high
Med:
84
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $648K - $1.81M
sqft: 13,000 - 21,500
Nearby Listings Property ImageNearby Listings Details
222 May ST N Property Photo 1
$1,599,000
222 May St N
Thunder Bay, ON P7C3P6
Listing Updated: August 4, 2026 at 12:54:00 PM PDT