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

212 Cumberland Street N,Thunder Bay (Court / Cumberland), ON P7A4N1

Thunder Bay (Court / Cumberland), ON P7A4N1

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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. (id:13843)

Details

MLS #X13864336
Listing TypeFor Sale
StatusActive
Days On Site16
Listing Provided ByRE/MAX REALTY SERVICES INC. | PAWANJIT SINGH MALHI

Features

Bath(s) 1 Total
SQ Feet4,854
ZoningService Commercial Zone

Interior

CoolingFully air conditioned
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount14331.06
Tax Year2025

Area Information

ProvinceON
CityThunder Bay (Court / Cumberland)
Postal CodeP7A4N1
Listing VS Median (in P7A4N1)
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:
16
low | high
Med:
16
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Paul Liberatore

Paul Liberatore

Sutton Centre Realty

Sales Representative, (604) 788-0463paull@sutton.com
ProvinceON
CityThunder Bay (Court / Cumberland)
Postal CodeP7A4N1
Listing VS Median (in P7A4N1)
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:
16
low | high
Med:
16
100% of Average
Sourced by Back At You
Listing Updated: October 6, 2026 at 6:31:25 PM PDT

Paul Liberatore - Sutton