NewFor Sale

2 Ontario Street
Marathon, Thunder Bay, ON, P0T 2E0

Commercial Retail
TRREB
MLS® Number: X13438158
$1,950,000List Price
Commercial RetailProperty Type
26,228 sq ftSize
$59,393.12 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 2 Ontario Street, Marathon, ON P0T 2E0

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Description

Welcome to Superior Place, a prominent commercial investment property offering an exceptional opportunity to acquire a well-established, income-producing asset in the thriving community of Marathon, Ontario. Strategically positioned on the town's main strip, this highly visible property serves as a commercial hub for residents, businesses, and visitors alike, making it a cornerstone of the local economy. Featuring fourteen established income streams, Superior Place has a diverse and complementary mix of long-standing commercial, retail, professional, educational, and community-service tenants. Current occupants include a car dealership, a popular catering restaurant, hair salon, telecommunications center, insurance services office, financial services provider, retail store, two social service organizations, a recognized pizza franchise, employment agency, a 4,600-square-foot gymnasium, dental clinic, and a Northshore campus. This diversified tenant profile helps reduce investment risk while providing multiple sources of consistent revenue. The large on-site parking lot provides ample parking for customers, staff, and visitors. Marathon continues to be an important regional center along the North Shore of Lake Superior, serving surrounding communities and supporting a broad range of industries, services, and economic activity. As Northern Ontario continues to attract investment and development opportunities, properties with established occupancy and diversified income sources remain highly desirable. Whether you are an experienced investor seeking to expand your commercial portfolio or just now looking for a stable asset with reliable cash flow, Superior Place offers a compelling combination of income security, tenant diversity, and strategic location. Opportunities to acquire a property of this scale, prominence, and community significance are rare. Don't miss your chance to own one of Marathon's most recognizable commercial properties!

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$59,393.12 / 2025
Listing #:X13438158
Property Type:Commercial Retail
Size:26,228 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:26,228 sq ft
Construction:Brick

Inside

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

Parking

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

Utilities

Cooling:No
Heating Type:Other
Heating Fuel:Electric
Utility Sewer:None

Land

Cross Street:Front of the building is located off of Penninsula Road.

$1,950,000

List price

2 Ontario Street, Marathon – Commercial Retail for sale · MLS® # X13438158