Commercial Real Estate for Sale

10 Listings
500 Valley View Drive, Powassan
Investment
$496,000
FOR SALE
Exceptional vacant investment opportunity or ideal owner-occupied two-unit with income potential. This solid brick property offers two self-contained units, each with private entrances, separate driveways, and individual yard space. The upper unit is vacant and features a spacious 3-bedroom layout, while the lower unit is set to be vacant by August and offers 2 bedrooms plus a den that can easily be converted back into a third bedroom. Both units have had upgrades to the bathrooms, and each includes in-suite laundry and a gas fireplace, adding comfort and convenience. Separately metered hydro and gas enhance efficiency and tenant appeal. Prime location within walking distance to downtown, the recreation center, playground, public pool, and baseball diamond.
500 Main Street, Powassan
Commercial Retail
$950,000
FOR SALE
An exceptional investment and business opportunity in the heart of the growing community of Powassan. This prominent 9,000 sq. ft. (including basement) mixed-use commercial building is ideally situated on a high-visibility corner at one of the town's main intersections, just minutes from Highway 11 and a short drive south of North Bay, making it a prime destination for both local residents and passing highway traffic. The approximately 3,000 sq. ft. main floor restaurant is fully equipped with a 13-foot commercial exhaust hood, a secondary hood dedicated to the pizza ovens, and seating licensed for 98 patrons. Currently operating just four days per week, the business offers tremendous opportunity for increased revenue through expanded hours, menu offerings, catering, or additional services. The second level features two self-contained 2-bedroom, 1-bathroom residential apartments, providing valuable supplemental rental income. One unit has been beautifully renovated, while the second offers the opportunity to complete renovations and further enhance the property's earning potential. The property also offers a full-height basement with two entrances, private on-site parking, a large storage and a patio area with the potential to expand the liquor licence and create an inviting outdoor dining experience. The building has benefited from significant recent capital improvements, including a new roof, extensive renovations, all-new leaseholds, updated systems, equipment throughout, and 200-amp electrical service, providing a truly turnkey opportunity for the next owner. Whether you're an owner-operator looking to build on an established and respected business or an investor seeking a quality mixed-use property with multiple income streams and future upside, this is a rare opportunity in one of Northeastern Ontario's growing communities.
760 Main Street, Powassan
Commercial Retail
$729,000
FOR SALE
Welcome to the former Powassan Beer Store, a highly functional commercial property ideally situated in the heart of Powassan. Designed with efficiency and accessibility in mind, the building features a loading dock, expansive warehouse and storage area, front retail/reception space, and a practical layout suitable for a wide variety of commercial uses. The property offers excellent logistics with paved access surrounding the building, allowing for convenient deliveries, circulation, and operations. Ample on-site parking provides added convenience for customers, staff, and fleet vehicles. With strong visibility, easy access, and room for future expansion, this property presents an excellent opportunity for investors, owner-operators, distributors, service businesses, storage users, or those seeking a versatile commercial space in a growing community.
852 Main Street, Powassan
Commercial Retail
$775,000
FOR SALE
The Wagon Wheel Restaurant is a well-established, full-service dining operation located in Powassan, offering a turnkey opportunity that includes the land, building, and active business. This is a rare opportunity to acquire a recognized and proven restaurant with a strong history in the community. The property holds a valid liquor license and accommodates approximately 109 guests, with 50 interior seat sand 59 on the outdoor patio. The layout is functional and welcoming, supported by a fully equipped commercial kitchen, and is appropriately zoned for continued restaurant use. The Wagon Wheel has built a respected reputation for consistent food quality, friendly service, and dependable home-style dining. It attracts a steady customer base of local residents, surrounding rural communities, cottage owners, and Highway 11 travelers. With an established digital presence, strong reviews, and long-standing community recognition, this offering represents a stable and well-positioned investment opportunity with continued upside potential. VTB financing may be available for qualified buyers.
202 Highway 522, Powassan
Industrial
$249,900
FOR SALE
Commercial & Business Opportunity - Trout Creek Planning Mill. Unlock the potential of this rare and versatile commercial offering in Trout Creek. The Trout Creek Planning Mill, an established and respected business with over 30 years of successful operation, is now available for purchase-land, business, or both. Zoned Business Park Land, this 3.66-acre property is ideally suited for a wide range of commercial or industrial uses. The site features multiple pole storage buildings, perfect for warehousing, equipment storage, or distribution operations. A heated office building with two private offices provides comfortable space for administration and staff management. Strategically located with full-load road access and just minutes from Highway 11, this property ensures efficient logistics and excellent connectivity for shipping or receiving. Currently operating as a thriving lumber yard and shipping facility, the business boasts strong industry relationships and a solid customer base-making this a turnkey opportunity for entrepreneurs or companies looking to expand into northern Ontario. Whether you're seeking a new headquarters, industrial yard, or a fully operational business with room to grow, this property delivers flexibility, infrastructure, and long-term value.
102 Corkery Street, Powassan
Commercial Retail
$2,750,000
FOR SALE
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.
202 522 Highway, Powassan
Industrial
$299,999
FOR SALE
Commercial & Business Opportunity Trout Creek Planning Mill. Unlock the potential of this rare and versatile commercial offering in Trout Creek. The Trout Creek Planning Mill, an established and respected business with over 30 years of successful operation, is now available for purchase land, business, or both. Zoned Business Park Land, this 3.66-acre property is ideally suited for a wide range of commercial or industrial uses. The site features multiple pole storage buildings, perfect for warehousing, equipment storage, or distribution operations. A heated office building with two private offices provides comfortable space for administration and staff management. Strategically located with full-load road access and just minutes from Highway 11, this property ensures efficient logistics and excellent connectivity for shipping or receiving. Currently operating as a thriving lumber yard and shipping facility, the business boasts strong industry relationships and a solid customer base making this a turnkey opportunity for entrepreneurs or companies looking to expand into northern Ontario. Whether you're seeking a new headquarters, industrial yard, or a fully operational business with room to grow, this property delivers flexibility, infrastructure, and long-term value.
9 Fair View Lane, Powassan
Investment
$599,000
FOR SALE
Investment Opportunity in the Heart of Powassan! Welcome to 9 Fairview Lane an updated, income-producing gem with historic charm and modern potential. This stately 6-bedroom, 6-bathroom home is currently tenanted and generating a solid 6% cap rate. Each spacious bedroom features its own ensuite bath, making it an ideal setup for continued rental income or a seamless transition into a licensed Bed & Breakfast, thanks to RU-10 zoning. Over the past 5 years, major upgrades have been completed: new natural gas furnace, full electrical rewire, all new plumbing, windows, and septic system. The roof was replaced just 2 years ago, leaving peace of mind for years to come. With over 3,200 sq. ft. above grade and a third-floor finished loft space, there's room to grow or reimagine the layout. Situated on a generous 1.2-acre lot, this is a rare chance to own a turnkey asset with character, cash flow, and flexibility.
16 Birch Street, Powassan
Investment
$599,900
FOR SALE
Welcome to this stunning new multi-unit build, where modern elegance meets functionality! Featuring 9-foot ceilings, this home feels spacious and airy at every turn. The thoughtfully designed layout includes generous walk-in closets for all your storage needs, luxurious in-floor heating to keep you cozy through every season, and a gorgeous Brownstone Kitchen with quartz countertops that add a touch of sophistication to the heart of your home. An incredible bonus is the separate 1 bedroom Unit, offering flexibility for multi-generational living or an amazing opportunity to offset costs with potential income. This property truly combines style, functionality, and opportunity. Perfect for modern living!
266 Mcfadden Line, Powassan
Commercial Retail
$479,900
FOR SALE
Discover an Exceptional opportunity to own/operate 11 acres of stunning fields and forests in Trout Creek, Parry Sound area. The Commercial building is on an 11-acres parcel with a retail space featuring Barn Plank countertops, a Deli-Style section, fridges, freezers, and a high-powered three-phase electrical panel and more. The Commercial space is over 8900 Sq Ft which is combination of Retail & Work space!! Additionally, there is a 6,400 sq. ft. barn with electricity and a steel roof, a pony hut or chicken coop. Dream big with this versatile opportunity - run a Restaurant, a Shop, Warehouse, Plant OR build a Stunning Retreat Centre or continue to operate this lucrative business as "Northern Meats". Minutes from Hwy 11, yet the property sits on a dead end road with Extreme privacy. 30 minutes to North Bay or 45 minutes to Huntsville. With access to several kilometres of trails, mixed forestry, open land, and ponds, this property currently operates as Northern Meats but can be converted to anything, offering endless potential for retreat, retail, store, bakery, restaurant, and more.........and/or residential living in one remarkable location. If being a Landlord is of interest to you, build an apartment complex above the Commercial Building. Don't miss out on this rare opportunity to own a unique blend of Retail, Commercial. Your Choice, Your Dream!
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