16 Cumberland Street
Thunder Bay, ON
- 8,856 sqft
- Commercial Retail
Investment opportunity in the Heart of Downtown Port Arthur. This one storey building which is approximately 8,856 sqft resting on a concrete slab foundation. The interior of the subject consists of five commercial spaces. One is a large bar/restaurant area (Red Lion), with bar, full kitchen, storage areas, office, 1x staff washroom, 2X public washrooms, and a common 2x public washrooms. The second space is Big Lake Pasta, the third is Record Store, the fourth is music store and the fifth is Chocolatier. All five areas are similar finishings with drywall walls, either vinyl flooring or vinyl plank, a combination of steel roof system and acoustic drop ceiling tile.
Listing Details
- Taxes (2026)
- $24,000
- Listed
- June 5, 2026
Price History
Listing history
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Property
- Construction
- Other
- Roof
- Other
- Foundation
- Other
- Interior
- Other
Parking
- Garage
- None
- Covered Spaces
- 0
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Sitting just down from the corner of Red River and Cumberland St
- Parcel Number
- 621430060
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- See Attached documents
- Exclusions
- Review Leases
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
Commercial in Thunder Bay · last 12 months
- Median sold price
- $407,500
- Homes sold
- 365
- Median days on market
- 15
- Sale-to-list price
- 106.7%
Based on 365 recorded sales of commercial properties in Thunder Bay over the last 12 months.
Listed by
Royal LePage® Lannon Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $24,000
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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