421 Victoria AVE, Thunder Bay, P7C1A6

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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:39198)

7 days

On Market

Other

Property Type

$25,671 / Year

Est. Taxes

Other

Style

-

Garage

Partial

Basement