Price ChangeFor Sale

51 Peninsula Road
Marathon, Thunder Bay, ON, P0T 2E0

Commercial Retail
TRREB
MLS® Number: X13245130
$620,000List Price
Commercial RetailProperty Type
3,115 sq ftSize
$6,271.12 / 2025Taxes (Annual)
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PRICE CHANGED
$620,000
Previously Listed For:
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Listing History

Buy/sell history for 51 Peninsula Road, Marathon, ON P0T 2E0

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Description

51 Peninsula presents a rare and versatile investment opportunity, perfectly positioned on the main thoroughfare into town for maximum visibility and accessibility. The main level offers a fully functional, move-in-ready commercial setup. A welcoming front lobby leads to eight private office rooms, ideal for a variety of professional or service-based businesses. This level also features a convenient breakroom with a sink, a 3-piece bathroom, and an additional 2-piece bathroom. Enhancing the property’s versatility is the attached 34' x 18' garage, offering ample space for parking, workshop use, or additional storage. Complementing this is a generous 19' x 17' bonus room that opens the door to endless possibilities—whether you envision a studio, meeting space, or further business expansion, this adaptable space can easily be tailored to fit your vision. The upper level provides a welcoming residential retreat, thoughtfully laid out for comfort and functionality. Here, you’ll find three spacious bedrooms, a 3-piece bathroom, and a dedicated laundry area for added convenience. A standout feature is the large sunroom, flooded with natural light—perfect for a peaceful workspace or storage. The open-concept kitchen, dining, and living area forms the heart of the home, offering a cozy yet airy environment enriched by warm wood accents. This unique property is ideally suited for entrepreneurs, investors, or those seeking a seamless live-work arrangement. With its prominent location and flexible layout, it presents an outstanding opportunity to maximize both lifestyle and income potential.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$6,271.12 / 2025
Listing #:X13245130
Property Type:Commercial Retail
Size:3,115 sq ft
Land Size:< .50 acres
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:REMAX Generations Realty

Rooms

Details

Property

Property Type:Commercial Retail
Municipality:Thunder Bay

Building

Size:3,115 sq ft
Construction:Vinyl Siding

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No
Appliances Included:Other
Basement:Other

Parking

Driveway:Other
Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Partial
Heating Type:Baseboard
Heating Fuel:Oil
Utility Sewer:None

Land

Cross Street:Follow Peninsula Road, property is located on the right hand side adjacent to the local fitness center.

$620,000

List price

51 Peninsula Road, Marathon – Commercial Retail for sale · MLS® # X13245130