58 Meredith ST, Gore Bay, ON P0P 1H0
58 Meredith ST, Gore Bay, ON P0P 1H0
58 Meredith ST, Gore Bay, ON P0P 1H0
58 Meredith ST, Gore Bay, ON P0P 1H0
58 Meredith ST, Gore Bay, ON P0P 1H0
58 Meredith ST, Gore Bay, ON P0P 1H0
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Peter Velentis

Peter Velentis

+1(647) 287-1509
$ 598,800
Est. payment | /mo
Save
$ 598,800
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID X13139310

Annual Tax Amount $5,590

Tax Year 2025

Property Sub-Type Store W Apt/Office

Property Description

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.

Location

Province ON

County Manitoulin

Area Manitoulin

Zoning commercial

Interior

Cooling No

Inclusions List of inclusions to be negotiated at time of offer. Much of the furniture in the owner's apartment can be included as well as contents of the store, wine and party business.

Exterior

Parking Features Street

Utilities Available Available

Building

Lot Description Building

Lited by EXP REALTY

Nearby Locations

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58 Meredith ST

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

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