395 Fort William Rd.
Thunder Bay, ON
- 6 bath
- 10,023 sqft
- Commercial Retail
Exceptional opportunity to own a fully renovated 10,023 sq.ft. commercial/investment property in one of Thunder Bay's most desirable waterfront-adjacent locations. Comprised of 6,057 sq.ft. on the main floor, 3,490 sq.ft. on the second level, and a 476 sq.ft. mezzanine, this versatile Light Industrial-zoned building offers tremendous flexibility for a wide variety of permitted uses including fitness, professional services, retail, trades, office, studio, showroom, warehouse, and investment opportunities. Extensively renovated throughout, major upgrades include new flooring, lighting, electrical, security system, garage doors, rear windows, front storefront window, updated plumbing, three new air conditioning units, a new lower-level furnace, renovated change rooms complete with showers and saunas, and a freshly painted exterior. Currently operating as a gym and barber shop, the building provides a functional layout with endless possibilities for future owners, owner-occupiers, or investors. The roof and parking area have been maintained and repaired as required over the years. Ideally situated steps from Marina Park with breathtaking Sleeping Giant views and surrounded by ongoing waterfront revitalization, this is a rare opportunity to acquire a landmark commercial property with exceptional long-term growth potential in one of the city's most sought-after locations. Don't miss this unique investment opportunity.
Listing Details
- Taxes (2025)
- $28,000
- Listed
- June 4, 2026
Price History
Property
- Construction
- Brick
- Roof
- Other
- Foundation
- Other
- Interior
- Other
- Lot Size
- 132 x 165 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Off of Water St. Push Fitness Centre.
- Zoning
- Light Industrial Zone
- Parcel Number
- 621260052
Commercial
- Business Type
- Automotive Related
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
- $408,750
- Homes sold
- 370
- Median days on market
- 15
- Sale-to-list price
- 106.7%
Based on 370 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
- $28,000
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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