102 CORKERY ST Active Save Request In-Person Tour Request Virtual Tour
Powassan,ON P0H 2L0
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $172
Subdivision Trout Creek
MLS Listing ID X12018812
Building Age 51-99
Annual Tax Amount $26,500
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
This is an exceptional opportunity to acquire a fully renovated facility, with hundreds of thousands invested into its transformation. Currently operating as an independent living facility, it is staffed around the clock. The property offers a combination of semi-private and private rooms, with a total capacity of 49 beds ( Now operating has Trout Creek Independent Living ) .Formerly known as the Lady Isabelle Nursing Home, this facility, situated on 11 acres near North Bay, Ontario, spans 20,000 square feet and represents a prime development opportunity. Previously a 66-bed nursing home, it features various room configurations designed for single, double, and quadruple occupancy. The property includes a fully equipped kitchen and dining area, laundry facilities, lounges, an activity room, several offices and meeting spaces, as well as a former doctor's office newly furnished with beds, tables, and other essentials.The facility was also approved to operate as a temporary 49-bed long-term care center during the COVID-19 pandemic. The building sits on approximately 3.5 acres, with an additional 7.5 acres included in the sale. The current owner has an allocation for 98 long-term care beds, which the buyer can apply for, though this allocation cannot be transferred or assigned.
Location
Province ON
County Parry Sound
Community Trout Creek
Area Parry Sound
Zoning I & RU
Rooms
Kitchen 0
Interior
Cooling No
Inclusions The facility has been upgraded with a newly installed sprinkler system throughout the building, along with a modernized electrical panel and emergency response system. The septic control unit, electrical components, and two pumps/floats have been replaced. Additionally, the pumps and filtration system have been updated to ensure proper water chlorination in compliance with regulatory standards. The building also benefits from well water, eliminating water costs.
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 11.0
Building
Lot Description Irregular Lot
New Construction false
Others
Security Features Yes