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41 Simcoe Plaza

41 Simcoe Plaza

Terrace Bay, ON

  • 3,600 sqft
  • Commercial Retail
$399,900

Mo & Jo are retiring!! Mo & Jos Lighthouse Variety is for sale!! This means there's a tremendous opportunity to own & operate a popular well established & well-loved convenience store/take-out restaurant. Open 6 days a week - this family run establishment offers a wide range of convenience style items and products you can't otherwise find on a Sunday. Well known in town for mouth-watering pizzas & delicious homemade burgers. New to the business is M&M Meats (newer freezers & products) Lower-level walk out with a huge office space (once a hair salon) and tons of storage. The building has meticulously maintained with several updates including flooring, paint, equipment, hot water on demand, most propane appliances updated, pizza oven, freezers & coolers. The store is well lit and clean and also serves as a bus depot, and accepts parcel deliveries. Conveniently located in Terrace Bays main business artery - Simcoe Plaza - with views of Lake Superior and Terrace Bay's famous lighthouse - a popular tourist attraction! Visit www.century21superior.com so see more.

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Listing Details

Taxes (2025)
$7,000
Listed
May 21, 2026

Price History

Listing history

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Property

Construction
Unknown, Brick
Roof
Asphalt Rolled
Foundation
Block
Interior
Other

Parking

Garage
None
Covered Spaces
0

Utilities

Sewer
Sanitary
Heat Source
Propane

Location & Legal

Cross Street
North off Hwy 11-17 - In Simcoe Plaza - Main business street of Terrace Bay
Parcel Number
624570313
Occupancy
Owner

Commercial

Business Type
Hospitality/Food Related

Included

Inclusions
All equipment + appliances excluding rentals
Exclusions
None
Rental Items
Propane tank $200/yr + ATM machine, Pepsi Fridge, coffee maker + cappuccino maker (Twin City equip)

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.

Listed by

Century 21 Superior Realty Inc.

Walk Score

55

Walk

35

Bike

Scores by Walk Score®

Commercial figures

Annual property tax
$7,000

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Lake Superior. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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