102 CORKERY Street
Powassan, ON
- 20,000 sqft
- Commercial Retail
- 303 days on market
This is an exceptional opportunity to acquire a fully renovated facility, with hundreds of thousands invested into its transformation. The property offers a combination of semi-private and private rooms, with a total capacity of 49 beds ( Was operating has Trout Creek Independent Living ) .Formerly known as the Lady Isabelle Nursing Home, this facility, situated on 11 acres near North Bay, Ontario, spans 20,000 square feet and represents a prime development opportunity. Previously a 66-bed nursing home, it features various room configurations designed for single, double, and quadruple occupancy. The property includes a fully equipped kitchen and dining area, laundry facilities, lounges, an activity room, several offices and meeting spaces, as well as a former doctor's office newly furnished with beds, tables, and other essentials.The facility was also approved to operate as a temporary 49-bed long-term care center during the COVID-19 pandemic. The building sits on approximately 3.5 acres, with an additional 7.5 acres included in the sale. The current owner has an allocation for 98 long-term care beds, which the buyer can apply for, though this allocation cannot be transferred or assigned.
Listing Details
- Taxes (2024)
- $26,500
- Listed
- November 3, 2025
Price History
Property
- Age
- 51-99
- Lot Size
- 11 Acres
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- Hwy 11 to Trout Creek
- Zoning
- I & RU
- Parcel Number
- 522100066
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Service Related
- Office / Apartment Area
- 2000 Sq Ft
Included
- Inclusions
- The facility has been upgraded with a newly installed sprinkler system throughout the building, along with a modernized electrical panel and emergency response system. The septic control unit, electrical components, and two pumps/floats have been replaced. Additionally, the pumps and filtration system have been updated to ensure proper water chlorination in compliance with regulatory standards. The building also benefits from well water, eliminating water costs.
Community
Postal area P0H
- Population
- 31,909
- Private dwellings
- 17,044
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $80,000
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
Commercial in Powassan · last 12 months
- Median sold price
- $460,000
- Homes sold
- 49
- Median days on market
- 30
- Sale-to-list price
- 96.8%
Based on 49 recorded sales of commercial properties in Powassan over the last 12 months.
Listed by
MINCOM SOLUTIONS REALTY INC.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 20,000 sq ft
- Price per sq ft
- $137.50
- Annual property tax
- $26,500
- Tax per sq ft
- $1.33
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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