123 Railway Street, West Nipissing (sturgeon Falls), Ontario

$875,000

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2

Baths

4,197

Square feet

1.16

Acres

About 123 Railway Street

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:36535)

Features of 123 Railway Street

Listing # X13687758
Price $875,000
Bathrooms 2.00
Square Footage 4,197
Acres 1.16
Type Retail

Community Information

Address 123 Railway Street
Subdivision Sturgeon Falls
City West Nipissing (sturgeon Falls)
Province Ontario
Postal Code P2B3B1

Amenities

Amenities Highway, Public Transit
Features Irregular lot size
Parking Other
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Cooling Fully air conditioned
Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of REALTY EXECUTIVES Local Group Inc. Brokerage

Listing Map