182 Algoma Street, Thunder Bay, ON

$350,000
MLS#:X13632614
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0 beds
1 baths
Commercial
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Property no longer active

This property was sold on August 27, 2026. This listing is for reference purposes only. to view the sold price.

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Added:Aug 4, 2026(30 days ago)
Updated:Aug 27, 2026(7 days ago)
Last Checked:18 minutes ago

Property Highlights

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Welcome to this remarkable sale of business located in the coveted neighborhood of Court / Cumberland. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $350,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 1 Bathroom
  • Premium 25 x 138.5 ft lot size
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient forced air heating via gas

Description

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Own a Thunder Bay Landmark. An exceptional opportunity to purchase both the iconic Fireweed Crafts business and the commercial building it calls home. Established in 1984, Fireweed has become a beloved destination in the heart of Thunder Bay's Bay & Algoma district, known for its colourful storefront, loyal customer base, and decades-long commitment to showcasing local and Canadian artisans. Artist-owned and operated since its inception, Fireweed was founded to provide local artists with a dedicated space to display and sell their work. Today, it continues that tradition while also offering a thoughtfully curated collection of contemporary gifts and handcrafted creations from across Canada. Its reputation has made it a favourite among both Thunder Bay residents and visitors. Situated at 182 Algoma Street S, this high-visibility commercial property enjoys excellent exposure along one of the city's most unique shopping and cultural corridors. Surrounded by popular restaurants, cafés, specialty retailers, and year-round community events, the location benefits from consistent pedestrian and vehicle traffic. The building is being offered together with the established business, providing a true turnkey opportunity for an entrepreneur, retailer, or investor. There is tremendous potential for a new owner to expand the retail offering, introduce e-commerce, host workshops or events, or further grow this already recognizable brand. Inventory is negotiable separately from the sale. Whether you're looking to continue a cherished local business or bring your own creative vision to one of Thunder Bay's most recognizable independent retailers, opportunities like this are rare.

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Property Summary

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This sale of business located at 182 Algoma Street, Thunder Bay is currently for sale and has been available on SousaSells for 30 days. This property is listed at $350,000 with an estimated mortgage of $1,165* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 182 Algoma Street, Thunder Bay is in the Court / Cumberland neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Court / Cumberland, Thunder Bay.

Great for Small Household / Couples
What We Love About This Home
  • 1 well-appointed bathroom
  • Desirable Sale Of Business architecture in Court / Cumberland, Thunder Bay
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

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Bathrooms
1
Property Type
Commercial

Additional Details

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StatusSold Conditional
Sold price information is available to members only
AddedAug 4, 2026 (30 days ago)
UpdatedAug 27, 2026 (7 days ago)
Last Checked18 minutes ago
Transaction TypeFor Sale

Property Details

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Property Sub-TypeSale Of Business
ConstructionStucco (Plaster)
BasementCrawl Space
Lot Size25 × 138.5 Feet
CountyThunder Bay
Annual Tax$4,486.02
Legal DescriptionLT 38 PL 175 PORT ARTHUR; THUNDER BAY

Parking & Garage

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Garage TypeNone

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingOther

Features

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Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 182 Algoma Street, Thunder Bay, ON

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Q.What is the asking price for 182 Algoma Street, Thunder Bay, ON ?

The current listing price for 182 Algoma Street, Thunder Bay, ON in Court / Cumberland, Thunder Bay is $350,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 1 bathroom.

Q.What property type and architectural style is 182 Algoma Street, Thunder Bay, ON ?

182 Algoma Street, Thunder Bay, ON is a Sale Of Business () featuring a Crawl Space basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Other.

Location

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182 Algoma Street, Thunder Bay, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Court / Cumberland, Thunder Bay

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
▼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Property History

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No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 182 Algoma Street S, Thunder Bay, ON P7B 3B9

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Court / Cumberland, Thunder Bay Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Court / Cumberland, Thunder Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,099,222

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Court / Cumberland, Thunder Bay

Elementary Schools

Vance Chapman
Public1000 Huron Avenue, Thunder Bay, Ontario, P7A 6L4
9.1
St Francis
PublicFrancis Street West, Thunder Bay, Ontario, P7E 3J1
8.9
Nor'wester View
Public1946 Mountain Road, Thunder Bay, Ontario, P7J 1C8
8.7
St Paul
Public539 Grenville Avenue, Thunder Bay, Ontario, P7A 2C3
8.5
Five Mile
Public2025 Dawson Road, Thunder Bay, Ontario, P7G 2E9
8.4

Secondary Schools

St. Ignatius
Catholic285 Algoma Street North, Thunder Bay, Ontario, P7A 2J6
6.6
Superior CVI
Public
6.2
Hammarskjold HS
Public80 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
6.1

Court / Cumberland, Thunder Bay Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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