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$ 1,099,000
Est. payment /mo
Active
421 Victoria AVE E Thunder Bay, ON P7C1A6
14,990 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 14,990 sqft
Price per Sqft $73
Subdivision Thunder Bay
MLS® Listing ID TB253382
Source Thunder Bay Real Estate Board
Property 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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Forced air, ,
Exterior
Parking Features No
Community Features Bus Route
View Y/N No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Listed by ROYAL LEPAGE LANNON REALTY
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