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MLS® # TB241141
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- Thunder Bay
- 106 Cumberland Street
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Commercial For Sale In Algoma, Thunder Bay, Ontario
$1,750,000
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ACTIVE
106 Cumberland Street, Thunder Bay, ON, P7A 4M2
$1,750,000
Property Information:
Office Building Investment Opportunity! This accessible building has approx. 28,000 sqft. There are long term leases in place, and a few units ready to fill with new tenants to provide additional revenue. There is also a full unfinished basem*nt that is currently owners storage, but could have future storage opportunities. There is a large fenced in parking lot for all the tenants needs, plus a separate vacant lot included with the purchase with is zoned Downtown Neighbourhood (DN) with many possibilities for future development on this lot.
Property Features:
- Annual Tax Amount: $49,707
- Basem*nt: Full Basem*nt
- Business Type: Office
- Heating Source: Natural Gas
- Lot Depth: 200.53 Feet
- Lot Frontage: 198 Feet
- Property Features: Air Conditioning, Elevator, Office Space, Parking, Security System, Wheelchair Access, Workshop/Storage
- Property Size: 0.0 - 0.49 Acres
- Services Available: Bus Service, Cable, Garbage PickUp, High Speed Internet, Hydro, Natural Gas, Street Lights, Telephone
- Sewer/Septic: Sewer
- Water/Well: Municipal Water
- Heating Type: Forced Air
Courtesy of: SIGNATURE NORTH REALTY INC.
This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.
Market Price Trends
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Location of 106 Cumberland Street, Thunder Bay, ON, P7A 4M2
Climate Risk Data
About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.
Projected Heat Risk: Significant
26 hot days expected in 2050
Projected Storm Risk: High
12 storms expected in 2050
Projected Heat Risk: Significant
26 hot days expected in 2050
32/100
Significant
ClimateCheck®
Current data
This property, 106 Cumberland Street , experiences 7 hot days per year at around 28.3 degrees Celsius.
Projected data
Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 31.5 degrees Celsius.
Projected Avg. Temperature
Past
28.3℃
2050
31.5℃
# Hot Days Per Year
Past
7
2050
26
About Heat Risk
Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.
Projected Storm Risk: High
12 storms expected in 2050
40/100
High
ClimateCheck®
Current data
This property, 106 Cumberland Street , experiences 10 significant 2-day storms per year, with about 271.7mm of precipitation per storm.
Projected data
Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 312.2mm of precipitation per year.
Precipitation Per Storm
Past
271.7mm
2050
312.2mm
48-Hour Storms Per Year
Past
10
2050
12
About Storm Risk
Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.
Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.
Environmental Risks provided by ClimateCheck®
Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.
Demographic Information of 106 Cumberland Street, Thunder Bay, ON, P7A 4M2
Life Stage
Young Families
Employment Type
Service Sector/White Collar
Average Household Income
$85,812.45
Average Number of Children
1.46
Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
19.21 %
High school certificate or equivalent
26.44 %
Apprenticeship trade certificate/diploma
13.03 %
College/non-university certificate
20.94 %
University Degree
20.38 %
Commuter
Travel To Work
By Car
62.89 %
By Public Transit
16.23 %
By Walking
18.91 %
By Bicycle
0.0 %
By Other Methods
1.97 %
Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
75.44 %
Houses
24.56 %
Own Vs. Rent
106 Cumberland Street, Thunder Bay, ON, P7A 4M2 $1,750,000 MLS® # TB241141
