New Listing
$649,900
( $203.79Per Sq Foot )
 $3,489 est/mo Sourced by Back At You

287 Bay Street,Thunder Bay (Court / Cumberland), ON P7B1R7

Thunder Bay (Court / Cumberland), ON P7B1R7

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Description

Commercial & Residential Opportunity in the Desirable Bay/Algoma District Location is everything, and 287 Bay Street offers an exceptional opportunity to own a commercial/residential property in the highly sought-after Bay/Algoma District. This vibrant area is one of the city's most desirable places to operate a business and is also a convenient place to live, with banking, grocery stores, pharmacies, restaurants, and a wide variety of other amenities all close by.The main floor offers approximately 2,000 sq. ft. of versatile commercial space, currently consisting of front retail space, office space, 2PC bathroom, a back room area, and shop/storage space. There is also a full basement providing excellent additional storage, along with garage/warehouse space featuring an overhead door - ideal for businesses requiring additional workspace or storage. The entire second floor is a spacious residential apartment of approximately 1,189 sq. ft., offering 1 bedroom, a dedicated office area, 3PC bathroom with walk in closet, plus a 2nd, 2PC bathroom, spacious living room, and bright kitchen. Large windows provide an abundance of natural light throughout the living space. The apartment has its own private entrance, providing excellent separation from the commercial space below. This property offers flexibility for an owner/operator looking to run their business while living right upstairs. Or, rent the space for additional income. The commercial/residential zoning also contributes to low property taxes, adding to the appeal of this unique opportunity. With 11 paved parking spaces, versatile commercial space, garage/warehouse area, full basement storage, and a spacious residential apartment above, excellent combination of functionality and convenience. Operate your business, live upstairs, and own the property you're building your future in. This is a rare opportunity to combine business and residential space in the heart of the Bay/Algoma District. (id:13843)

Details

MLS #X14016870
Listing TypeFor Sale
StatusActive
Days On Site6
Listing Provided BySignature North Realty Inc. | Marcia Jean Broughton

Features

SQ Feet3,189
ZoningMain Street Zone
Acreage3189.00

Interior

CoolingFully air conditioned
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Parking

Parking FeaturesOther
Parking Total11

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount7278.87

Area Information

ProvinceON
CityThunder Bay (Court / Cumberland)
Postal CodeP7B1R7
Listing VS Median (in P7B1R7)
Price:
$649,900
low | high
Med:
$649,900
50% of Average
sqft:
3,189
low | high
Med:
3,189
50% of Average
$ / sqft:
$204
low | high
Med:
$204
50% of Average
On site:
6
low | high
Med:
6
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityThunder Bay (Court / Cumberland)
Postal CodeP7B1R7
Listing VS Median (in P7B1R7)
Price:
$649,900
low | high
Med:
$649,900
50% of Average
sqft:
3,189
low | high
Med:
3,189
50% of Average
$ / sqft:
$204
low | high
Med:
$204
50% of Average
On site:
6
low | high
Med:
6
100% of Average
Sourced by Back At You
Listing Updated: October 15, 2026 at 3:15:08 PM PDT