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$24,900
Retail
MLS® #28985034
Terrace Bay, Ontario

Property Details

Size
4,826 sq ft

Description

INVESTOR ALERT! Looking to start your own business? This commercial building on Simcoe Plaza offers endless potential for the right buyer. Sitting on a double lot, this property includes a storefront space plus a 2-bedroom residential unit above, perfect for owner-occupied or rental income opportunities. Previously operated as a bakery and restaurant, the building will require significant repairs and updates to bring it back to life. The water is shut off at the main, and ESA approval will be needed before reopening. If you're handy, creative, and ready to make your business dreams come true, this property is the perfect project to transform into your next success story! (id:53361)

Property Information

Property TypeRetail
StatusActive
List Price$24,900
Living Area4,826 sq ft
Lot SizeN/A
BedroomsN/A
BathroomsN/A
Year BuiltN/A

Location Details

Address
CityTerrace Bay
ProvinceOntario
Postal CodeP0T2W0
CountryCanada

Location & Map

Property Address:

Terrace Bay, Ontario P0T2W0
Canada

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City: Terrace Bay
Province: Ontario
Postal Code: P0T2W0

Contact About This Property

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Property: , Terrace Bay
MLS#: 28985034
Price: $24,900

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Quick Facts

MLS Number28985034
StatusActive
Listed10/24/2025
Size4,826 sq ft
Powered by: REALTOR.ca

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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. (id:53361)