Prime Downtown Kenora Commercial Opportunity - A Landmark Property With Limitless Potential. Ideally positioned in the very heart of Downtown Kenora, this exceptional commercial property sits proudly on Main Street with direct access to Kenora’s Harbourfront. It’s a location that simply can’t be replicated - high visibility frontage paired with one of the most iconic views in the city. Upon closing, the entire main level and the front portion of the lower level will be available for lease or for your next business venture. Whether you’re an investor seeking strong rental income or an owner-operator looking for a flagship location, the flexibility here is unmatched. "Nancy's on the Lake" operates from the lower level with direct Harbourfront access and comes with a current lease in place, providing immediate, reliable income. The top floor features a beautifully appointed 1,400 sq ft, 3-bedroom, 2-bath luxury residence - vacant on closing and ready for immediate rental income or your own private retreat. Highlights include: a gourmet chef’s kitchen, 4 skylights that flood the space with natural light, gleaming hardwood floors, a 3 season sunroom and a private deck with sweeping lake views. It’s a rare blend of commercial opportunity and upscale residential living under one roof. With General Commercial zoning, the possibilities are extensive. The layout supports up to 3 separate businesses, with the main floor accommodating 2 commercial operations and the lower level offering an existing lease for immediate income. Bonus opportunity: the current main floor business’ inventory is available for purchase, allowing you to "hit the ground running" from day one! Here is your chance to own a piece of Kenora history and its vibrant future all at the same time! Its combination of Main Street prominence, Harbourfront access, luxury residential space, and flexible commercial configuration makes it a standout opportunity. (id:66096)
Property Details
MLS®
X13250360
Property Type
Retail
Parking
1
Lot Size
20 × 110 ft (2,200 sq ft)
Frontage
20 ft
Basement
Full
Heating
Natural gas, Other
Cooling
Fully air conditioned
Property Tax
$8,247.75/yr
Listed
236 days ago
Features
Appliances
All, Window Coverings
Foundation
Stone
Exterior
Wood, Brick, Stucco
Services
Water
Municipal water
Sewer
Sanitary sewer
Utilities
Cable, Telephone, Natural Gas Available, Electricity Connected
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
236d
Kenora (Downtown) listings, avg age
367d
List price
$780K
Long Listed: 236 days on market, against an average age of 367 days across the listings currently for sale in this city
Market timing · days on market0 → 367d avg age of current listings
Long Listed · day 236
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.
Haho
This retail in Kenora (Downtown) has been listed for 236 days, which is 131 days fresher than the city average of 367. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (P9N)
This home lists at $780,000, about 9.4× the local median household income of $83,000.
Carrying it typically needs a household income of about $152,361 (20% down, 25-yr amortization, stress-tested) — roughly 84% above the area median.
Median household income
$83,000
Population
14,088
Median age
43.6
Owner / renter
72% / 28%
Avg. household size
2.3
Source: Statistics Canada, 2021 Census (FSA P9N)
$780,000
For sale
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Financing
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