7 STEVENS AVE, Marathon

$425,000

For sale: Other

Other at 7 STEVENS AVE, Marathon
Property type
Commercial Retail
MLS®
MLS® X13250944

Located on the shores of Lake Superior in the heart of the Boreal Forest, this unique commercial/residential property offers excellent visibility in a high-traffic area and multiple income streams. The property features three well-established leases, including one flexible space that can be used for short-term rentals when vacant, creating additional revenue potential. The upper level offers a 2-bedroom, 1-bathroom residential apartment with a truly one-of-a-kind feature ? the original town safe - converted into the primary bedroom?s walk-in closet. The main level includes an established business on one side, a separate driveway, a 1-bedroom apartment with unique interior fixture and a spacious 900 sq ft shop that was once home to a successful woodworking and cabinetry business. With its mix of commercial, residential and flexible rental opportunities, this property is a rare find and a strong investment opportunity. Visit www.century21superior.com for more info and pics

Sold data

Homes in Marathon — recent sold market

Homes in Marathon took a median of 49 days to sell over the last 365 days, with the quickest quarter selling within 29 days and the slowest quarter taking more than 133, across 51 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 85 days.

The median sale price was $205,000.

Homes sold for about 4.3% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
49
Median sale price
$205,000
Sale-to-list ratio
95.7%
Sold above asking
12%

Based on 51 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Marathon

Marathon has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 2.7/10.

Rated schools
3
Elementary
2
Secondary
1
Average rating
2.7 / 10

Top-rated schools in Marathon

  • Margaret Twomey — elementaryFraser rating 4.6/10
  • Marathon — secondaryFraser rating 3.5/10
  • Holy Saviour — elementaryFraser rating 0.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 7 STEVENS AVE