1120 John St. Rd., Thunder Bay (John Street North) - Business for Sale
1120 John St. Rd., Thunder Bay (John Street North), Ontario, P7B2A3
Description
Exceptional, income-producing commercial asset located in the John Street South sub-district of Thunder Bay, positioned directly off Highway 11/17 at one of the city?s busiest intersections. This highly visible corner benefits from significant daily traffic counts, outstanding exposure, and seamless access for both local and through traffic. The property features a gas station and convenience store, complemented by a Tim Hortons with leases in place, delivering stable cash flow and strong tenancy. The surrounding corridor is a proven commercial node, making this a rare opportunity to acquire a fully built, operating asset in a location that consistently outperforms. With established businesses, heavy traffic volumes, and a strategic gateway position, this offering presents long-term income stability with meaningful upside for investors seeking a premium commercial holding in Northwestern Ontario. A standout opportunity where location, exposure, and tenancy align. (id:66096)
Property Details
- MLS®
- X13244324
- Property Type
- Business
- Zoning
- Mixed Use Zone Two
- Frontage
- 224 ft
- Basement
- Other, See Remarks, N/A
- Heating
- Natural gas, Other
- Property Tax
- $29,342/yr
- Listed
- 252 days ago
Features
- Exterior
- Brick
- Lot Features
- Irregular lot size
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Cable, Telephone, Natural Gas Available, Electricity Connected
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 252 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 24 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 107.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Thunder Bay (John Street North) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P7B)
This home lists at $3,299,000, about 47.1× the local median household income of $70,000.
Carrying it typically needs a household income of about $644,410 (20% down, 25-yr amortization, stress-tested) — roughly 821% above the area median.
- Median household income
- $70,000
- Population
- 22,675
- Median age
- 40.8
- Owner / renter
- 55% / 45%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA P7B)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$3,299,000
Thunder Bay