$6,500,000
For sale: Other

Welcome to 1650 Main Street West, A rare offering in a prominent North Bay location with Its MC Sp. 58 zoning permits a broad range of potential commercial uses. This high-exposure, freestanding retail property prominently positioned at the busy intersection of Main Street West and Gormanville Road, directly across from Lake Nipissing. Situated on just over one acre, the property offers approximately 132,00 sq.ft of versatile building space and 36 ground parking spaces, providing excellent visibility, accessibility and operational flexibility. The Vendor has invested $$$$$$$ in professional renovations and extensive upgrades completed to a high commercial standard. The property currently operates as an Asian grocery and specialty-products store and includes a dedicated meat-processing facility on the lower level. The existing configuration is well suited to food retail, distribution, processing and other related commercial operations. The building features substantial open retail space, storage areas, washrooms and service areas. Its MC Sp. 58 zoning permits a broad range of potential commercial uses, offering flexibility for an owner-operator, investor or business seeking a strategically located property with modern improvements, ample parking and strong street exposure. Buyers are advised to independently confirm their intended use with the appropriate municipal authorities. The sale may include both the real estate and the existing business, presenting an exceptional opportunity to acquire an established operation together with a highly visible commercial property.
Sold data
Homes in North Bay (West End) took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 28, across 219 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 20 days.
The median sale price was $424,900.
Homes sold for about 1.8% below asking on average, so there was room to negotiate.
About 31% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 219 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
North Bay (West End) has 20 Fraser Institute–rated schools (15 elementary and 5 secondary), averaging 4.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
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