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2 Ontario StreetMarathon, ON P0T 2E0

$1,950,000List price
26,228Sq Ft

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! (id:31684)

Property Information

Property type
Commercial Sale
Sub-type
Retail
Living area
26,228 Sq Ft
Listing #
X13438158

Property Features

Cooling
None
Heating
Electric · Other
Basement
Crawl Space
Parking
Other
Construction
Brick
Utilities
Electricity Connected
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$59,393
Parcel number
624481563

Directions

Front of the building is located off of Penninsula Road.

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Listing Courtesy: REMAX Generations Realty

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  • Kristen Trembinski

    Franchisee, Broker of Record

    EXIT Realty True North, Brokerage