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land & property in thunder bay

With competitive land costs, construction costs and zero development charges, Thunder Bay is an ideal location for expansion and new construction. The city has a large amount of land zoned for new development, offering commercial, industrial and aviation space at low cost. Our downtown urban cores also offer mixed-use and commercial property suitable for both business start-ups and expansions. We also regularly market development sites to small and medium developers.

Cost of Land

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The cost of land in Thunder Bay is less than half when compared to US cities like Minneapolis.

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Cost of land in Thunder Bay is 68% below average of all cities included in the KPMG Competitive Alternatives Study.

Construction

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Construction costs in Thunder Bay are 15% lower when compared to Minneapolis.

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Thunder Bay District has 480 active apprentices in the construction sector and 1,379 active journey persons, across all industry sectors.

Development Charges

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With no development charges, and affordable cost of land, Thunder Bay offers prime real estate for development.

Thunder Bay has large amounts of land zoned for new development, offering commercial, industrial and aviation space for businesses in all sectors.

Find Land & Property Listings

If you need new premises for your business, find available land, office space, retail premises and industrial units available for lease or sale in Thunder Bay. A range of incentives are available to businesses looking to relocate to Thunder Bay. Take advantage of the city’s location at the heart of the regional economy. Invest here.

Find more available properties by visiting https://www.realtor.ca/

Buy an Existing Business

Thunder Bay has a number of existing business for sale and properties that are move-in ready. For example, Intercity Industrial has a 100,000 square foot warehouse available and there is a 60,000 square foot heated facility available at the Thunder Bay Port Authority. Get in touch for free and confidential support for your project. 

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