Welcome to this remarkable [] store w apt/office located in the coveted neighborhood of Gore Bay. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $598,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
An exceptional opportunity in the heart of Gore Bay. 58 Meredith Street is a thriving mixed use commercial investment offering incredible flexibility, multiple income streams, and endless potential in one of Manitoulin Island's busiest seasonal destinations. Currently operating as a successful year round business, the vibrant main floor commercial space features wine making services, party rental supplies, coffee offerings, local artisan products and more, drawing both loyal local clientele and seasonal tourist traffic. The property consists of two connected storefronts currently operating as one expansive retail space, allowing future owners the option to continue the existing business model or reconfigure to suit their vision. With strong exposure in a high traffic downtown location, the possibilities are extensive from specialty retail and café concepts to a butcher shop, bakery, boutique market, or other entrepreneurial ventures catering to the growing Manitoulin market. At the rear of the building, a large receiving area with bay door provides excellent functionality for deliveries, storage, and operations, while also offering dedicated tenant parking. Upstairs, the property features four residential apartments providing valuable additional income potential. The units include two spacious 2-bedroom apartments with loft areas, one 1-bedroom unit, and an additional 2-bedroom apartment, making this an attractive opportunity for investors or owner operators seeking diversified revenue streams. Located in the vibrant waterfront community of Gore Bay, known for its marina, tourism, festivals, and growing seasonal economy, this is a rare chance to invest in a landmark commercial property with strong existing infrastructure and room for future growth.
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Data-driven valuation for 58 Meredith Street, Gore Bay, ON P0P 1H0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
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