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2 Ontario ST

2 Ontario ST

Marathon, Ontario

  • Retail
$1,950,000

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!

Price History

Schools

Secondary

  • École secondaire Cité-Supérieure0.5 km

    French public · CS public du Grand Nord de l'Ontario

  • Marathon High School0.5 km

    Public · Superior-Greenstone DSB · 185 students

    Grade 10 literacy: 46% met the provincial standard

Elementary

  • École publique Cité-Supérieure0.6 km

    French public · CS public du Grand Nord de l'Ontario

  • École catholique Val-des-Bois0.8 km

    French Catholic · CSDC des Aurores boréales

  • Holy Saviour0.9 km

    Catholic · Superior North CDSB · 120 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 43% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P0T

Population
32,000
Private dwellings
17,869
Median age
45.6
Average household size
2.3
Median household income
$77,000

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 Marathon · last 12 months

Median sold price
$175,000
Homes sold
13
Median days on market
54
Sale-to-list price
96.4%

Based on 13 recorded sales of retail properties in Marathon over the last 12 months.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$390,000

Estimated Monthly Payment

$9,580

Land transfer tax

Estimated land transfer tax$35,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $9,580/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $488/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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