212 Cumberland Street N Thunder Bay, Ontario P7A 4N1
$1,670,000
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. (id:50787)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | X13864336 |
| Property Type | Retail |
| Community Name | Court / Cumberland |
Building
| Bathroom Total | 1 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 4854 Sqft |
| Size Interior | 4,854 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 124 Ft |
| Size Frontage | 210 Ft |
| Size Irregular | Bldg=210 X 124 Ft |
| Size Total Text | Bldg=210 X 124 Ft |
| Zoning Description | Service Commercial Zone |
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October 06 2026 12:04:16
Toronto Regional Real Estate Board
RE/MAX Realty Services Inc.