123 Railway Street
West Nipissing, ON
- 2 bath
- 4,197 sqft
- Commercial Retail
INVESTMENT OPPORTUNITY | C2 ZONING | DEVELOPMENT POTENTIAL Think beyond the current use. This modern, approximately 10-year-old commercial property presents an intriguing value-add investment opportunity for an owner-operator, an entrepreneur or investor looking for flexibility, existing infrastructure and future upside.Currently operating as an established funeral home, the property features a modern, state-of-the-art building with reception areas, chapel, private offices, visitation/viewing space, attached single-car garage and ample on-site parking. The existing layout provides an excellent foundation for continued operation - or a creative new business concept.C2 zoning opens the door to potential opportunities for health services, veterinary use, service establishments, entertainment/recreation and other permitted commercial uses. And the real upside? An additional lot fronting Nipissing Street offers potential for severance, subject to municipal approvals, creating an opportunity to unlock additional land value, future development potential or a separate investment play. For the investor with vision, this is more than a commercial building - it's a flexible commercial real estate asset with redevelopment potential, multiple permitted-use possibilities and an opportunity to reposition the property for its next chapter.The infrastructure is here. The zoning is here. The land is here. Now bring the vision. A rare opportunity to acquire a commercial investment property with value-add and future development potential.
Listing Details
- Taxes (2026)
- $18,079
- Listed
- August 18, 2026
Price History
Property
- Lot Size
- 200 x 173.52 Feet
Parking
- Garage
- Other
Location & Legal
- Cross Street
- Nipissing St
- Zoning
- C2 - Highway Commercial
- Parcel Number
- 490800758
- Possession
- Immediate
- Occupancy
- Owner
Commercial
- Business Type
- Other
Included
- Rental Items
- None
Community
Postal area P2B
- Population
- 9,754
- Private dwellings
- 4,606
- Median age
- 50.4
- Average household size
- 2.2
- Median household income
- $66,000
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 West Nipissing · last 12 months
- Median sold price
- $380,000
- Homes sold
- 191
- Median days on market
- 30
- Sale-to-list price
- 97.1%
Based on 191 recorded sales of commercial properties in West Nipissing over the last 12 months.
Listed by
REALTY EXECUTIVES Local Group Inc. Brokerage
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,197 sq ft
- Price per sq ft
- $208.48
- Annual property tax
- $18,079
- Tax per sq ft
- $4.31
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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