212 Cumberland Street N
Court / Cumberland, Thunder Bay, P7A 4N1
$1,670,000
- 1 bathrooms
Listed 15 days ago · MLS® X13864336
About this home
single-tenant triple-net(NNN) commercial investment property leased to corporate tenant Brewers Retail Inc. (operating as The Beer Store) through December 2030 generating a fixed yearly net rent of $109,215. Because it is a triple-net lease, you have minimal day-to-day management responsibilities or operational cost fluctuations. Tenant directly handles property taxes, building utilities, and maintenance like snow removal, etc. Tenant also pay the insurance. Strong Covenant: Brewers Retail Inc. is a major corporate entity backed by large national/international brewing conglomerates, offering high financial stability compared to a small local business. The tenant directly handling snow plowing, property taxes, utilities and insurance eliminates the risk of inflation eroding your net income. Zoning: Service Commercial, offering high traffic exposure. Bus service, cable, garbage pickup, High speed internet, hydro, Natural gas, Streetlights, Telephone, Air conditioning, Loading dock, Overhead door, large parking area, paved yard, Store front, Wheel chairs access.
Details
- Type
- Commercial Retail
- Lot
- 210 × 124 ft
- Garage
- None
- Property tax
- $14,331 (2025)
- Neighbourhood
- Court / Cumberland
- Municipality
- Thunder Bay
Interior
- Bathrooms
- 1 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Utilities
- Available
Building and exterior
- Building area
- 4,854 Square Feet
More
- Possession
- Flexible
- Cross street
- Cumberland St North between St. James & Woleseley
- Business type
- Retail Store Related
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 10 cafés and restaurants, 1 park. Nearest grocery: FreshCo (700 m). Nearest park: Marina Park (900 m).
Schools nearby
Elementary
- St. James Public School Catholic
EQAO: Gr 6 reading 88%, math 40%3 min walk - École catholique Franco-Supérieur French
EQAO: Gr 6 reading 90%, math 81%4 min walk - St. Margaret Catholic Elementary School Catholic
EQAO: Gr 6 reading 80%, math 30%1.6 km - St. Bernard Catholic Elementary School Catholic
EQAO: Gr 6 reading 87%, math 38%2.0 km
Secondary
- École secondaire catholique de La Vérendrye French1.2 km
- Superior Collegiate and Vocational Institute
EQAO: Gr 9 math 60%, literacy test 76%1.4 km - St. Ignatius High School Catholic
EQAO: Gr 9 math 50%, literacy test 85%1.6 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area P7A
- Owners / renters
- 69% / 31%
- Median household income
- $78,500
- Average age
- 46
- Children under 15
- 13%
- Homes
- 65% detached, 6% high-rise
- Commute by transit
- 3%
- Population
- 28,587
Languages spoken most at home besides English: Finnish 0.4%, Italian 0.3%, Arabic 0.2%, Polish 0.2%.
Safety
Crime Severity Index for Thunder Bay police: 119 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise 1 source nearby
- 🚆 Rail line (Nipigon Subdivision)200 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX REALTY SERVICES INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.