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507 Victoria Ave E, THUNDER BAY
2026-06-02
Quick Summary
- Location
- 507 Victoria Ave E, THUNDER BAY, Ontario P7C1A8
- Price
- $899,500
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 17500 sqft
MLS®#TB2601297
Property Description
Opportunity awaits with this impressive 17,500 sq. ft. commercial building located in the heart of Thunder Bay's South Core. Positioned on Victoria Avenue, a corridor currently undergoing a major reconstruction project designed to revitalize the area and restore thorough traffic flow, this landmark property offers exceptional potential for investors, entrepreneurs, and developers alike. Rich in history and character, the building features soaring ceilings, stunning antique tin ceilings on the main floor, exposed brick walls, a striking rear mural, and expansive open-concept spaces that have most recently operated as an indoor marketplace. Spanning two levels plus a full basement, the property offers incredible flexibility for a variety of uses including retail, office space, mixed-use development, event space, studios, or commercial redevelopment. Additional features include two updated natural gas boilers (2016), predominantly LED lighting throughout, two bathrooms, a freight elevator system (currently not in use), a covered garage/loading dock, and upper-level living quarters complete with a gas fireplace. With its combination of size, character, history, and prime location in an area poised for renewed growth, this is a rare opportunity to acquire one of the South Core's most distinctive commercial properties. Endless possibilities await the next visionary owner. Visit www.century21superior.com for more info & pics. (id:32467)
Property Features
Building
- Amenities: Living Accommodation, Storefront, Street Lighting
- Appliances: Alarm System
- Basement Type: Full
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 17500 sqft
- Utility Water: Municipal water
Features
- Feature: Elevator, Office space, Overhead doors
Land
- Land Size: under 1/2 acre
- Sewer: Municipal sewage system
Structure
- Structure: Workshop
Information entered by CENTURY 21 SUPERIOR REALTY INC.
Listing information last updated on: 2026-06-01 19:58:24
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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