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Commercial Property in Thunder Bay
About 1111 Victoria Avenue East
Prime commercial leasing opportunity in a well-maintained, secure, and updated building at 1111 Victoria Avenue East. This 12,000 sq. ft. plaza is home to several successful, long-term businesses and benefits from strong foot traffic and excellent visibility. Ideally located close to major amenities, shopping, and services, with significant future growth potential as Victoria Avenue continues to redevelop and the nearby mall site is transformed. Recent upgrades include HVAC, lighting, roof, and other major building systems, providing peace of mind for tenants. A high-exposure location with strong surrounding businesses, steady traffic, and long-term upside. Perfect for businesses looking to grow in a proven commercial corridor.
Thunder Bay retail priced at $1,899,900 — book a tour to see if it fits your search.
Inside 1111 Victoria Ave E
Every detail from the listing, in one place.
Type
Retail
Basement
Other
Features & systems
Interior
Basement
Other
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
1111 Victoria Ave E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market26Homes sold in about 26 days on average.
Sale-to-list ratio105.9%On average, homes sold at or above asking.
Active listings175Homes for sale here right now.
Median vs prior 90 days−4.1%Compared with May 8 – Aug 6, 2026: prices down.
Based on 489 sales from Aug 6 – Nov 4, 2026 (324 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1111 Victoria Ave E is listed at $1,899,900 (MLS® X13475820). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1111 Victoria Ave E changed?
Yes — it was first listed at $2,099,000 and is now $1,899,900, a drop of $199,100 (9.5%).
How many bedrooms and bathrooms does 1111 Victoria Ave E have?
The listing for 1111 Victoria Ave E doesn't publish its bedroom and bathroom count. It is a commercial property in Thunder Bay.
How does 1111 Victoria Ave E compare with other homes in Thunder Bay?
Its asking price of $1,899,900 is about 373% above the median sold price in Thunder Bay over the last 90 days, $402,000, across 489 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1111 Victoria Ave E been sold before?
Summitly has no earlier MLS® sale or lease of 1111 Victoria Ave E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1111 Victoria Ave E?
1111 Victoria Ave E is in Thunder Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1111 Victoria Ave E been on the market?
135 days — 1111 Victoria Ave E was listed on June 22, 2026.
Does 1111 Victoria Ave E have a basement, and is it finished?
The listing describes the basement as: Other.
What is the lot size of 1111 Victoria Ave E?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 1111 Victoria Ave E?
About $34,473 in Ontario land transfer tax at the asking price of $1,899,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1111 Victoria Ave E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1111 Victoria Ave E?
The listing for 1111 Victoria Ave E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Thunder Bay.
