51 Peninsula Road
Marathon, ON
- 3,115 sqft
- Office
51 Peninsula presents a rare and versatile investment opportunity, perfectly positioned on the main thoroughfare into town for maximum visibility and accessibility. The main level offers a fully functional, move-in-ready commercial setup. A welcoming front lobby leads to eight private office rooms, ideal for a variety of professional or service-based businesses. This level also features a convenient breakroom with a sink, a 3-piece bathroom, and an additional 2-piece bathroom. Enhancing the property’s versatility is the attached 34' x 18' garage, offering ample space for parking, workshop use, or additional storage. Complementing this is a generous 19' x 17' bonus room that opens the door to endless possibilities—whether you envision a studio, meeting space, or further business expansion, this adaptable space can easily be tailored to fit your vision. The upper level provides a welcoming residential retreat, thoughtfully laid out for comfort and functionality. Here, you’ll find three spacious bedrooms, a 3-piece bathroom, and a dedicated laundry area for added convenience. A standout feature is the large sunroom, flooded with natural light—perfect for a peaceful workspace or storage. The open-concept kitchen, dining, and living area forms the heart of the home, offering a cozy yet airy environment enriched by warm wood accents. This unique property is ideally suited for entrepreneurs, investors, or those seeking a seamless live-work arrangement. With its prominent location and flexible layout, it presents an outstanding opportunity to maximize both lifestyle and income potential.
Listing Details
- Taxes (2025)
- $6,271
- Originally Listed
- $649,900
- Listed
- April 18, 2026
Price History
Property
- Construction
- Vinyl Siding
- Roof
- Flat, Asphalt Rolled
- Foundation
- Wood, Block
- Interior
- Other
Parking
- Garage
- None
- Covered Spaces
- 0
Utilities
- Sewer
- None
- Heat Source
- Oil
Location & Legal
- Cross Street
- Follow Peninsula Road, property is located on the right hand side adjacent to the local fitness center.
- Parcel Number
- 624480544
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Professional Office
- Office / Apartment Area
- 2771 Sq Ft
Included
- Inclusions
- Fridge, stove, washer, dryer. built-in dishwasher, 2 chest freezers
- Exclusions
- Any tenant's belongings.
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
Commercial in Marathon · last 12 months
- Median sold price
- $188,500
- Homes sold
- 16
- Median days on market
- 56
- Sale-to-list price
- 96.0%
Based on 16 recorded sales of commercial properties in Marathon over the last 12 months.
Listed by
Re/Max Generations Realty
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 3,115 sq ft
- Price per sq ft
- $205.43
- Annual property tax
- $6,271
- Tax per sq ft
- $2.01
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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