123 RAILWAY STREET
West Nipissing (Sturgeon Falls), Ontario
MLS® X13687758
$875,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13687758
- Bedrooms
- —
- Bathrooms
- 2
- Year built
- —
1 / 28Listing description
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.
Property summary
- MLS® number
- X13687758
- Property type
- Retail
- Size
- 4,197 sq ft
- Land size
- 1.16 acres
- Annual property taxes
- $18,079.00
- Parking
- Other
- Days on market
- 41 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $875,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REALTY EXECUTIVES Local Group Inc. Brokerage, NORTH BAY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.