$35,000
For sale: Vacant Land

Rare opportunity to own a comercially zoned lot located on the town's busy Main street, offering exceptional visibility and expsoure for your business or investment venture. Enjoy views of the Nipigon River and Lake Superior, while benefiting from all municipal services available at the road, including hydro, natural gas, water, sewer, and high-speed internet. Not looking for a commercial project? Explore the possibility of residential development (subject to municipal approvals). The prime location, scenic surroundings, and full services make this a versatile property with endless potential. Don't miss this unique investment opportunity in a growing community.
Sold data
Homes in Nipigon took a median of 46 days to sell over the last 730 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 98, across 43 recorded sales.
The median sale price was $189,000.
Homes sold for about 7.5% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 43 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Nipigon has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$84,900
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$79,000
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Vacant LandLots 1-6 Simcoe Plaza, Terrace Bay, Terrace Bay