222 May Street
Thunder Bay, ON
- 17,629 sqft
- Commercial Retail
Turnkey Investment Opportunity! Unlock the potential of this rare 17,600 sq. ft. mixed-use building offering multiple income streams under one roof. This well-maintained property features 8 one-bedroom residential apartments, well-established bar, restaurant with a commercial kitchen including large seating area with a second bar, and a huge storage area with endless possibilities. With loads of updates already completed and a property manager who is willing to stay on, this is a rare opportunity for investors seeking a stable, turnkey asset with strong income potential and room for future growth. Whether you’re expanding your portfolio or stepping into commercial ownership, this one checks all the boxes. A true cash-flowing opportunity you won’t want to miss!
Listing Details
- Taxes (2025)
- $19,493
- Originally Listed
- $1,599,000
- Listed
- July 14, 2026
Price History
Property
- Construction
- Stucco (Plaster)
- Roof
- Other
- Foundation
- Other
- Interior
- Other
- Lot Size
- 170 x 98 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Corner of May & Cuming St
- Zoning
- Service Commercial Zone
- Parcel Number
- 620720060
- Occupancy
- Owner+Tenant
Community
Postal area P7C
- Population
- 21,695
- Private dwellings
- 10,098
- Median age
- 42.4
- Average household size
- 2.2
- Median household income
- $72,500
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
- $408,750
- Homes sold
- 376
- Median days on market
- 15
- Sale-to-list price
- 106.8%
Based on 376 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
- $19,493
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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