123 Railway Street, West Nipissing, Ontario P2B 3B1

Listed for:
$875,000
0 beds
2 baths
Listed 44 days ago
123 Railway Street, West Nipissing, Ontario P2B 3B1

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About

Cross Streets: Nipissing St. ** Directions: Follow Hwy 17W to Sturgeon Falls. Follow Front St., and turn left onto Nipissing St., and then left onto Railway St. INVESTMENT OPPORTUNITY | C2 ZONING | DEVELOPMENT POTENTIAL Think beyond the current use. This modern, approximately 10-year-old commercial property presents an intriguing value-add investment opportunity for an owner-operator, an entrepreneur or investor looking for flexibility, existing infrastructure and future upside.Currently operating as an established funeral home, the property features a modern, state-of-the-art building with reception areas, chapel, private offices, visitation/viewing space, attached single-car garage and ample on-site parking. The existing layout provides an excellent foundation for continued operation - or a creative new business concept.C2 zoning opens the door to potential opportunities for health services, veterinary use, service establishments, entertainment/recreation and other permitted commercial uses. And the real upside? An additional lot fronting Nipissing Street offers potential for severance, subject to municipal approvals, creating an opportunity to unlock additional land value, future development potential or a separate investment play. For the investor with vision, this is more than a commercial building - it's a flexible commercial real estate asset with redevelopment potential, multiple permitted-use possibilities and an opportunity to reposition the property for its next chapter.The infrastructure is here. The zoning is here. The land is here. Now bring the vision. A rare opportunity to acquire a commercial investment property with value-add and future development potential. (id:27476)

Property Highlights

MLS® Number
X13687758
Type
Retail
Community Name
Sturgeon Falls
Land Size
1.16 ac

Building

Square Footage
4197 sqft
Bathrooms Total
2
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
REALTY EXECUTIVES Local Group Inc. Brokerage
MLS® number:
X13687758
Agent:
Mike Burman
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