395 Fort William Rd., Thunder Bay, ON

$2,399,000
MLS#:X13413774
0 beds
6 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] commercial located in the coveted neighborhood of Court / Cumberland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 6 Bathrooms
  • Premium 132 x 165 ft lot size
  • Features a ["other"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: Other
  • equipped with ["yes"] central cooling and highly efficient other heating via gas

Exceptional opportunity to own a fully renovated 10,023 sq.ft. commercial/investment property in one of Thunder Bay's most desirable waterfront-adjacent locations. Comprised of 6,057 sq.ft. on the main floor, 3,490 sq.ft. on the second level, and a 476 sq.ft. mezzanine, this versatile Light Industrial-zoned building offers tremendous flexibility for a wide variety of permitted uses including fitness, professional services, retail, trades, office, studio, showroom, warehouse, and investment opportunities. Extensively renovated throughout, major upgrades include new flooring, lighting, electrical, security system, garage doors, rear windows, front storefront window, updated plumbing, three new air conditioning units, a new lower-level furnace, renovated change rooms complete with showers and saunas, and a freshly painted exterior. Currently operating as a gym and barber shop, the building provides a functional layout with endless possibilities for future owners, owner-occupiers, or investors. The roof and parking area have been maintained and repaired as required over the years. Ideally situated steps from Marina Park with breathtaking Sleeping Giant views and surrounded by ongoing waterfront revitalization, this is a rare opportunity to acquire a landmark commercial property with exceptional long-term growth potential in one of the city's most sought-after locations. Don't miss this unique investment opportunity.

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Key Features

Bathrooms
6
Property Type
Commercial

Additional Details

StatusActive
Listed Date6/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial
ConstructionBrick
Lot Size132 × 165 Feet
CountyThunder Bay
Annual Tax$28,000
Legal DescriptionLT 96-97 PL 572 MCINTYRE; THUNDER BAY

Parking & Garage

Garage Spaces40
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
Cooling["Yes"]

Features

Property Features

Community Features

Location

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395 Fort William Rd., Thunder Bay, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 395 Fort William Rd., Thunder Bay, ON P7B 2Z5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,919,200
Monthly Mortgage$11,151
Property Tax (Est.)$2,333
Utilities & Maint.$350
Total Monthly Cost$13,834

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Thunder Bay.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Court Cumberland, Thunder Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Gron Morgan
Public174 Hodge Street, Thunder Bay, Ontario, P7B 4G4
7.4
Corpus Christi
Public110 Marlborough Street, Thunder Bay, Ontario, P7B 4G4
5.6
Algonquin Avenue
Public160 Algonquin Avenue South, Thunder Bay, Ontario, P7B 4T1
5.7
St Pius X
Public140 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
5.7
St Jude
Public345 Ogden Street, Fort William, Thunder Bay, Ontario, P7C 2N4
4.0

Secondary Schools

Hammarskjold HS
Public80 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
6.1
de la Verendrye
Public175 High Street North, Thunder Bay, Ontario, P7A 8C7
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.