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1238 Main Street

1238 Main Street

Whitefish Falls, Ontario

Retail

$119,900

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.

R

Reita | Assistant

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Reita said:

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