$1,650,000
Kenora
1095 RAILWAY STREET, Kenora (Central), Ontario, P9N0B2
This retail property in Kenora is for sale.
Position your business for success with this high exposure commercial property offering excellent visibility, strong traffic flow, and a prime Highway Commercial Zone location. Situated on nearly one acre of land, this versatile property features two buildings designed to support a wide range of commercial uses. The front building offers approximately 3,050 sq ft and has been remodelled in recent years. It features a bright open concept office and showroom area that can be easily customized, along with two 2 piece bathrooms, a utility area, and separate storage spaces. A single stall garage bay with a 12' x 8' overhead door adds functionality. Additional features include gas forced air heating, central air conditioning, and a new 200 amp electrical service. The front building is currently leased on a month to month basis, with the tenant interested in a long term lease, offering immediate income potential. The rear building, constructed in 2024, is a 4,800 sq ft commercial shop built for efficiency and flexibility. It features 16 foot ceilings, four overhead doors, 200 amp electrical service, in floor heating supplemented by overhead gas heaters, an integrated exhaust system, cold water service, a floor drain, built in workbench, and air compressor lines running along both sides of the building. The expansive lot provides ample parking and exterior storage, with thoughtful landscaping creating easy access for customers and operations. With its prime location, strong income potential, and modern commercial infrastructure, this property presents an excellent opportunity for owner operators or investors. Schedule your private showing today. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 302 days on market, against an average age of 109 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 102.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Kenora (Central) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,650,000, about 19.9× the local median household income of $83,000.
Carrying it typically needs a household income of about $322,303 (20% down, 25-yr amortization, stress-tested) — roughly 288% above the area median.
Source: Statistics Canada, 2021 Census (FSA P9N)
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