
1238 Main Street
Whitefish Falls, Ontario
Retail
Opportunity awaits at 1238 Main Street in Whitefish Falls with this mixed-use commercial and residential property ideally located along the busy corridor between Manitoulin Island and Espanola. Formerly known as Wheeler’s Variety & Gas Station, this property offers outstanding potential for the right entrepreneur, investor, or handyman looking to bring new life to a well-known local landmark. The main floor features a spacious 43 ft x 19 ft storefront area with excellent visibility and exposure, making it ideal for a variety of commercial uses. Above the commercial space is a large 4-bedroom apartment offering generous living space and added income potential.Positioned in a high-traffic location that services locals, seasonal residents, cottagers, and travelers heading to McGregor Bay and the Bay of Islands, this property presents a unique opportunity to establish a business while living on-site or generating rental income. This is a substantial fixer-upper with tremendous upside for buyers with vision and renovation experience. Property is being sold in “as is, where is” condition. Flexible possibilities, excellent exposure, and unlimited potential make this a rare opportunity in the heart of Whitefish Falls.
Price History
Community
Postal area P0P
- Population
- 20,285
- Private dwellings
- 12,782
- Median age
- 50.8
- Average household size
- 2.3
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Retail in Whitefish Falls · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of retail properties in Whitefish Falls over the last 12 months.
Location
Mortgage Calculator
$23,980
Estimated Monthly Payment
$589
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $589/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $30/mo
Estimates only. Consult a financial advisor.
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