325 Archibald Street

Thunder Bay, ON

135,270 sqft
Investment
159 days on market

$18,900,000

Large building located on 3.1 acres with 130 parking space on site approximately 135,000 square feet, 6 storey Multi- residential development of 109 units with 9 studio, 89 one bedroom and 11 two-bedroom units fully occupied. Also 10 commercial units with rentable space of 23,391 square feet. Huge underdeveloped area with plans for another 50 units plus the basement. The building is a seniors and mature tenant building. Fully occupied. Possible Seller Financing Assistance.

Listing Details

Taxes (2025): $142,354
Listed: April 1, 2026

Price History

Listing history

Property

Lot Size: 336.84 x 3.1 Feet

Parking

Garage: Outside/Surface

Location & Legal

Cross Street: Arthur St E/Archibald St S
Zoning: DN Central Business
Possession: Flexible
Occupancy: Tenant

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

Commercial in Thunder Bay · last 12 months

Median sold price: $410,000
Homes sold: 304
Median days on market: 14
Sale-to-list price: 106.8%

Based on 304 recorded sales of commercial properties in Thunder Bay over the last 12 months.

Listed by

RE/MAX ROUGE RIVER REALTY LTD.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 135,270 sq ft
Price per sq ft: $139.72
Annual property tax: $142,354
Tax per sq ft: $1.05

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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