110 Peninsula Road, Marathon, Ontario, P0T2E0
This retail property in Marathon is for sale. It has been on the market 156 days, fresher than the Marathon average of 170 days.
Unique live/work opportunity in Marathon ON. Welcome to this exceptional live/work property in Marathon along the breathtaking shores of Lake Superior. Situated on a rare 1.45 acre high-visibility lot, this versatile property offers an outstanding opportunity for entrepreneurs, tradespeople, investors or anyone looking to combine business and lifestyle in one impressive location. With two residential units, two large shops and parking for up to 10 vehicles, the possibilities here are endless. The first residential unit offers approximately 1,200 sq ft and features: 2 bedrooms, 2 bathrooms, stainless steel appliances, two corner fireplaces, movies room with projector, main floor laundry, and private patio area. The second fully furnished unit features 3 bedrooms, 3 bathrooms, approximately 1,100 sq ft and main floor laundry. This property also boats two large shops, including one with a second-floor office space, 3-phase hydro system. Excellent for a business operation, trades, storage or hobby use. The high-traffic location provides outstanding visibility, making this an ideal setup for a home-based business or commercial venture. Enjoy the perfect balance of work and lifestyle surrounded by the natural beauty of Northwestern Ontario, with nearby access to outdoor recreation, trails, and the rugged scenery that makes Marathon such a special community. A truly rare opportunity to live, work and grow your business all in one location. Book your private viewing today. Visit www.century21superior.com for more info and pics (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 156 days on market, against an average age of 170 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 66 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Marathon has been listed for 156 days, which is 14 days fresher than the city average of 170. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $998,999, about 13.0× the local median household income of $77,000.
Carrying it typically needs a household income of about $195,139 (20% down, 25-yr amortization, stress-tested) — roughly 153% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0T)
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