123 Railway Street West Nipissing (Sturgeon Falls), Ontario P2B 3B1
$875,000
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:45725)
Property Details
| MLS® Number | X13687758 |
| Property Type | Retail |
| Community Name | Sturgeon Falls |
| Amenities Near By | Highway, Public Transit |
| Farm Type | Other |
| Features | Irregular Lot Size |
Building
| Bathroom Total | 2 |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 4197 Sqft |
| Utility Water | Municipal Water |
Parking
| Other |
Land
| Acreage | Yes |
| Land Amenities | Highway, Public Transit |
| Size Depth | 173 Ft ,6 In |
| Size Frontage | 200 Ft |
| Size Irregular | 1.16 |
| Size Total | 1.16 Ac |
| Size Total Text | 1.16 Ac |
| Zoning Description | C2 - Highway Commercial |
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North Bay Real Estate Board
Realty Executives Local Group Inc. Brokerage
August 18 2026 10:27:05
