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Est. payment /mo
New
123 Railway ST West Nipissing, ON P2B 3B1
2 Baths
4,197 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,197 sqft
Subdivision Sturgeon Falls
MLS Listing ID X13687758
Annual Tax Amount $18,079
Tax Year 2026
Property Sub-Type Commercial Retail
Property 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.
Location
Province ON
County Nipissing
Area Nipissing
Zoning C2 - Highway Commercial
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 200.0
Lot Depth 173.52
Others
Security Features Yes
ParcelsYN No
Listed by REALTY EXECUTIVES Local Group Inc. Brokerage