273 Algoma St. S.
Thunder Bay, ON
- 1,750 sqft
- Commercial Retail
Outstanding investment opportunity in one of Thunder Bay's most convenient, high-traffic locations! This income-producing ICI building offers stunning potential with a fully tenanted layout, updated systems throughout, and a location close to all amenities — shopping, transit, and services right at your doorstep. With major mechanical and electrical upgrades already completed, triple-pane windows, and a diversified rent roll spanning technicians, a corporate tenant, and salon operators, this property delivers strong, low-maintenance income from day one. A rare chance to own a turn-key, cash-flowing asset in a prime north ward location. Priced at $699,900 — call today before this one's gone!
Listing Details
- Taxes (2026)
- $8,243
- Listed
- August 27, 2026
Price History
Property
- Construction
- Vinyl Siding, Brick
- Roof
- Asphalt Rolled
- Foundation
- Poured Concrete
- Interior
- Other
- Lot Size
- 50 x 124 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Corner of John St. & Memorial Ave.
- Zoning
- Urban Mixed Use Zone
- Parcel Number
- 621380048
- Possession
- 90+ days
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Service Related
Included
- Rental Items
- None
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
- 361
- Median days on market
- 15
- Sale-to-list price
- 106.7%
Based on 361 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
- $8,243
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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