58 Meredith Street
Gore Bay, ON
4,875 sqft • Store W Apt/Office • 99 days on market
An exceptional opportunity in the heart of Gore Bay. 58 Meredith Street is a thriving mixed use commercial investment offering incredible flexibility, multiple income streams, and endless potential in one of Manitoulin Island's busiest seasonal destinations. Currently operating as a successful year round business, the vibrant main floor commercial space features wine making services, party rental supplies, coffee offerings, local artisan products and more, drawing both loyal local clientele and seasonal tourist traffic. The property consists of two connected storefronts currently operating as one expansive retail space, allowing future owners the option to continue the existing business model or reconfigure to suit their vision. With strong exposure in a high traffic downtown location, the possibilities are extensive from specialty retail and café concepts to a butcher shop, bakery, boutique market, or other entrepreneurial ventures catering to the growing Manitoulin market. At the rear of the building, a large receiving area with bay door provides excellent functionality for deliveries, storage, and operations, while also offering dedicated tenant parking. Upstairs, the property features four residential apartments providing valuable additional income potential. The units include two spacious 2-bedroom apartments with loft areas, one 1-bedroom unit, and an additional 2-bedroom apartment, making this an attractive opportunity for investors or owner operators seeking diversified revenue streams. Located in the vibrant waterfront community of Gore Bay, known for its marina, tourism, festivals, and growing seasonal economy, this is a rare chance to invest in a landmark commercial property with strong existing infrastructure and room for future growth.
Listing Details
- Taxes (2025)
- $5,591
- Listed
- May 15, 2026
Price History
Property
- Lot Size
- 57 x 137 Feet
Location & Legal
- Cross Street
- Meredith St. & Dawson St.
- Zoning
- commercial
- Parcel Number
- 471080513
- Possession
- Flexible
Commercial
- Occupancy
- Owner+Tenant
- Office / Apartment Area
- 3100 Sq Ft
Included
- Inclusions
- List of inclusions to be negotiated at time of offer. Much of the furniture in the owner's apartment can be included as well as contents of the store, wine and party business.
- Exclusions
- Owner's personal contents in back portion of warehouse
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.
Listed by
EXP REALTY
Location
Commercial figures
- Building area
- 4,875 sq ft
- Price per sq ft
- $122.83
- Annual property tax
- $5,591
- Tax per sq ft
- $1.15
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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