254 BAY ST
THUNDER BAY, Ontario
- Other
This opportunity presents a brand-new Indian Biryani–focused restaurant concept strategically located in the heart of Downtown’s Court/Cumberland district, one of the area’s most active commercial and pedestrian corridors. Designed to capitalize on high foot traffic, dense office presence, residential growth, and strong demand for ethnic cuisine, the business is positioned for immediate revenue generation and long-term scalability. The concept centers on authentic Indian biryani, supported by complementary high-margin menu items such as curries, tandoori selections, wraps, and vegetarian/vegan offerings. The restaurant is ideal for dine-in, takeaway, catering, and delivery platforms, creating multiple revenue streams and strong daily cash flow potential. Owner of property willing to do 3-5 years of extended lease. Call today to discuss further Kunal 6476296477; Karina 8076327770.
Price History
Schools
Elementary
- Ecole Gron Morgan Public School1.4 km
Public · Lakehead DSB · 770 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 58% met the provincial standard
- Corpus Christi Catholic Elementary School1.4 km
Catholic · Thunder Bay CDSB · 265 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 66% met the provincial standard
- École catholique Franco-Supérieur1.4 km
French Catholic · CSDC des Aurores boréales · 310 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 81% met the provincial standard
Secondary
- École secondaire catholique de La Vérendrye1.5 km
French Catholic · CSDC des Aurores boréales · 135 students
Grade 10 literacy: 90% met the provincial standard
- Superior Collegiate and Vocational Institute2.1 km
Public · Lakehead DSB · 685 students
Grade 10 literacy: 76% met the provincial standard
- Hammarskjold High School2.2 km
Public · Lakehead DSB · 960 students
Grade 10 literacy: 88% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P7B
- Population
- 22,675
- Private dwellings
- 11,110
- Median age
- 40.8
- Average household size
- 2.2
- Median household income
- $70,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Other in THUNDER BAY · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of other properties in THUNDER BAY over the last 12 months.
Walk Score
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Location
Street View
Mortgage Calculator
$25,000
Estimated Monthly Payment
$614
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $614/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $31/mo
Estimates only. Consult a financial advisor.
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