Price ChangeFor Sale

507 Victoria Ave E
Thunder Bay, Thunder Bay, ON, P7C 1A8

Commercial Retail
TRREB
MLS® Number: X13251492
$865,000List Price
Commercial RetailProperty Type
17,500 sq ftSize
$5,210.38 / 2025Taxes (Annual)
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$865,000
Previously Listed For:
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Listing History

Buy/sell history for 507 Victoria Ave E, Thunder Bay, ON P7C 1A8

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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.

Features

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Amenities

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Summary

Tax (Annual):$5,210.38 / 2025
Listing #:X13251492
Property Type:Commercial Retail
Size:17,500 sq ft
Land Size:57.91 x 150 | < .50 acres
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:Century 21 Superior Realty Inc.

Rooms

Details

Property

Property Type:Commercial Retail
Community:McKeller Park
Municipality:Thunder Bay

Building

Size:17,500 sq ft
Construction:Brick

Inside

Bedrooms:0
Bathrooms:2
Kitchens:0
Family Room:No
Appliances Included:Other
Basement:Yes, Full

Parking

Driveway:Other
Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Other
Heating Fuel:Gas
Utility Sewer:Sanitary+Storm

Land

Cross Street:Between May Street and Brodie Street

$865,000

List price

507 Victoria Ave E, Thunder Bay – Commercial Retail for sale · MLS® # X13251492