507 VICTORIA AVE E

About this home

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:66966)

Details

Type

Retail

Basement

Full

Property tax

$5,210

Neighbourhood

McKeller Park

Municipality

Thunder Bay (McKeller Park)

Interior

Fireplace

No

Appliances

Washer

Heating, cooling and services

Heating

Hot water radiator heat, Natural gas

Utilities

Cable, Telephone, Natural Gas Available, Electricity Connected

Building and exterior

Foundation

Poured Concrete

Outdoor

Brick

Parking

Total parking

1

More

Business type

Retail and Wholesale

Location

Location is approximate. See nearby homes on the map