107 May ST S
Thunder Bay, Ontario
- Retail
Well-maintained 1,900 sq ft commercial space available for lease in Thunder Bay's South Core, plus a fully developed basement currently set up as office space and a podcast room with plenty of additional storage. The main floor offers a large open retail area at the front, two private offices and a staff kitchen at the rear, and a half bathroom with high-end fixtures; a second half bathroom is located in the basement. One dedicated parking space at the back, with plenty of street parking out front. Zoned DN (Downtown Neighbourhood), permitting a wide range of uses including retail, office, health centre, day care, educational institution, and more. Can be leased on its own or combined with the adjacent 1,900 sq ft space at 109 May St S for a total of 3,800 sq ft. Triple net lease with additional rent budgeted at $4.17/sq ft, plus hydro in addition. With Victoriaville demolition underway and the South Core on the upswing, this is an excellent opportunity to secure space at a competitive rate in a transforming neighbourhood.
Price History
Schools
Elementary
- McKellar Park Central Public School0.5 km
Public · Lakehead DSB · 130 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 7% met the provincial standard
- Pope John Paul II Elementary School0.9 km
Catholic · Thunder Bay CDSB · 530 students
- Ogden Community Public School1.1 km
Public · Lakehead DSB · 170 students
Grade 3 reading: 94% met the provincial standard · Grade 6 math: 17% met the provincial standard
Secondary
- St Patrick High School1.4 km
Catholic · Thunder Bay CDSB · 1030 students
Grade 10 literacy: 76% met the provincial standard
- TB Catholic Alternative Education1.5 km
Catholic · Thunder Bay CDSB
- Lakehead Alternative School1.8 km
Public · Lakehead DSB
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 P7E
- Population
- 20,897
- Private dwellings
- 10,401
- Median age
- 44.4
- Average household size
- 2.1
- Median household income
- $68,500
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
Retail in Thunder Bay · last 12 months
- Median sold price
- $410,000
- Homes sold
- 299
- Median days on market
- 14
- Sale-to-list price
- 107.0%
Based on 299 recorded sales of retail properties in Thunder Bay over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
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