$879,000
Kenora
481 Lakeview Drive, Kenora (Norman), Ontario, P9N3P5
This retail property in Kenora is for sale.
New Located in one of Kenora's most sought-after commercial areas, this 12,000-square-foot building sits on nearly half an acre of land along the high-traffic Lakeview Drive. Offering unmatched visibility and access, this property is ideally suited for a range of business opportunities, making it a prime investment for entrepreneurs or established companies looking to expand. The building itself is constructed with superior craftsmanship, featuring super reinforced floor joists capable of withstanding the weight of heavy machinery, including forklifts. This makes it perfect for a variety of uses, from warehousing to showroom space, retail operations, light manufacturing, or service-based businesses. The current configuration includes a 5-bay garage in the basement, ideal for storage, repairs, or any operation that requires ample parking and storage capacity. The layout of the building offers flexible space that can be tailored to suit a range of commercial uses. The spacious showroom area is perfect for displaying products or hosting customer interactions, while the expansive warehouse space can accommodate bulk inventory, equipment, or even industrial operations. The high ceilings and reinforced floors provide endless possibilities for any business looking to expand or diversify its services. Other key features include: • Prime location with easy access to major highways and close proximity to local amenities • Large parking lot with ample space for customer and employee parking • Impressive visibility from the road, ideal for marketing and branding • Well-built structure with a focus on durability and long-term functionality This property presents a unique opportunity for business owners, investors, and developers to acquire a high-potential commercial space in a thriving area of Kenora. With its expansive layout, reinforced infrastructure, and versatile design, this building can be easily adapted to suit a variety of needs. Don’t miss out on the Opp (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 323 days on market, against an average age of 168 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 (Norman) 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 $879,000, about 10.6× the local median household income of $83,000.
Carrying it typically needs a household income of about $171,699 (20% down, 25-yr amortization, stress-tested) — roughly 107% above the area median.
Source: Statistics Canada, 2021 Census (FSA P9N)
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