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$1,670,000

212 Cumberland St N

Thunder Bay, Ontario

212 Cumberland St N photo 1
1 / 7

Baths

1

Sqft

4,854

Type

Commercial/Retail

About this Property

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.

Listing Details

MLS #
X13864336
Board
PROPTX
Market
ontario
Property Type
Commercial/Retail
Style
Retail
Garage
None
Basement
N
Heating
Gas Forced Air Open
Cooling
Y
Lot Size
210 × 124 ft
Annual Taxes
$14,331/yr
Listed By
REMAX REALTY SERVICES INC.
Listed On
October 5, 2026

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