Commercial Real Estate for Sale in Thunder Bay
2 active · commercial · updated daily
There are currently 2 commercial real estate for sale in Thunder Bay, Ontario. Asking prices currently range from $2.40M to $2.60M, with a median around $2,499,450. Every listing below links straight to its full commercial property details, photos, and map location.
The most active pockets include Court / Cumberland and Inner-City Industrial. Listings refresh daily, so check back as new commercial property inventory comes to market.
Market Snapshot2 commercial propertys
- Active commercial propertys
- 2
- Median price
- $2,499,450
- Average price
- $2,499,450
- Price range
- $2.40M – $2.60M
Sold data
Homes in Thunder Bay — recent sold market
Homes in Thunder Bay took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 27, across 361 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 18 days.
The median sale price was $380,000.
Homes sold for about 2.7% above asking on average.
About 61% of sales closed above the list price.
Around 11% of sellers reduced their price before finding a buyer.
- Median days to sell
- 16
- Median sale price
- $380,000
- Sale-to-list ratio
- 102.7%
- Sold above asking
- 61%
Based on 361 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Newest to market
Featured listings
On the market
Commercial Real Estate for Sale in Thunder Bay
2 listings for commercial real estate for sale are available in Thunder Bay right now. Below is 1 more within 40 km, each labelled with where it is.
Within 40 km
Commercial Real Estate for sale near Thunder Bay
Oliver Paipoonge 15.9 km
Keep looking
Commercial Real Estate for sale nearby
Explore more
More in Thunder Bay
Good to know
Frequently asked questions
How many commercial real estate are for sale in Thunder Bay?
There are 2 commercial real estate for sale in Thunder Bay, Ontario as of today. The list updates daily from current MLS® data.
What is the typical price of commercial real estate for sale in Thunder Bay?
The median asking price for commercial real estate for sale in Thunder Bay is approximately $2,499,450. Prices range from $2.40M to $2.60M. Individual prices vary with size, condition, and neighbourhood.
How often are commercial real estate listings in Thunder Bay updated?
Listings are refreshed every day from live MLS® feeds, so counts and prices on this page reflect what is currently on the market in Thunder Bay. New listings are added and sold properties are removed within 24 hours.
Which neighbourhoods in Thunder Bay have the most commercial real estate for sale?
The most active pockets for commercial real estate for sale in Thunder Bay are Court / Cumberland and Inner-City Industrial. Use the map view or neighbourhood filters to browse listings street by street.
What is the estimated mortgage payment for commercial real estate in Thunder Bay?
Based on the median price of $2,499,450, a 20% down payment of $500K leaves a principal of about $2.00M. At a 5% rate over 25 years, that works out to roughly $11,689/month before property tax and condo fees. Use our mortgage calculator for a personalised estimate.
Show 2 more questionsShow fewer questions
How do I find the right commercial property for sale in Thunder Bay?
Use the AI chat on PropertySearchGPT to describe the commercial real estate for sale in Thunder Bay you need — budget, bedrooms, neighbourhood — and get an instant shortlist from the 2 active commercial real estate. You can also filter by price, property type, and distance on the interactive map. Every listing links to full details, photos, and recent comparable sales.
Can I get notified when a new commercial property is listed for sale in Thunder Bay?
Yes — create a free account and set a saved search for commercial real estate for sale in Thunder Bay. PropertySearchGPT will send you an alert as soon as a matching commercial property hits the MLS®, so you never miss a new listing.
Get alerts for commercial real estate for sale in Thunder Bay
Be first to know when a matching listing hits the market. Set up instant alerts and analyze any property's numbers in seconds.


