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Renanza Realty
For sale

2 ONTARIO STREET

Marathon, Ontario

MLS® X13438158

$1,950,000

Status
Active
Property type
Retail
MLS® number
X13438158
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Welcome to Superior Place, a prominent commercial investment property offering an exceptional opportunity to acquire a well-established, income-producing asset in the thriving community of Marathon, Ontario. Strategically positioned on the town's main strip, this highly visible property serves as a commercial hub for residents, businesses, and visitors alike, making it a cornerstone of the local economy. Featuring fourteen established income streams, Superior Place has a diverse and complementary mix of long-standing commercial, retail, professional, educational, and community-service tenants.

Current occupants include a car dealership, a popular catering restaurant, hair salon, telecommunications center, insurance services office, financial services provider, retail store, two social service organizations, a recognized pizza franchise, employment agency, a 4,600-square-foot gymnasium, dental clinic, and a Northshore campus. This diversified tenant profile helps reduce investment risk while providing multiple sources of consistent revenue. The large on-site parking lot provides ample parking for customers, staff, and visitors.

Marathon continues to be an important regional center along the North Shore of Lake Superior, serving surrounding communities and supporting a broad range of industries, services, and economic activity. As Northern Ontario continues to attract investment and development opportunities, properties with established occupancy and diversified income sources remain highly desirable. Whether you are an experienced investor seeking to expand your commercial portfolio or just now looking for a stable asset with reliable cash flow, Superior Place offers a compelling combination of income security, tenant diversity, and strategic location.

Opportunities to acquire a property of this scale, prominence, and community significance are rare. Don't miss your chance to own one of Marathon's most recognizable commercial properties!

Property summary

MLS® number
X13438158
Property type
Retail
Annual property taxes
$59,393.12
Days on market
108 days

Features & details

Heating
Electric, Other
Cooling
None
Basement
Crawl space
Exterior features
Brick

What would this home cost you?

Based on the $1,950,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,073 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REMAX Generations Realty, Thunder 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.