ON > Powassan > Trout Creek
Powassan, ON P0H 2L0,102 CORKERY ST
Powassan, ON P0H 2L0,102 CORKERY ST
Powassan, ON P0H 2L0,102 CORKERY ST
Powassan, ON P0H 2L0,102 CORKERY ST
Powassan, ON P0H 2L0,102 CORKERY ST
Powassan, ON P0H 2L0,102 CORKERY ST
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Kat Tannock

Kat Tannock

+1(705) 768-5658
$ 3,450,000
Est. payment | /mo

20,000 SqFt

Save
$ 3,450,000
Est. payment | /mo
Save

20,000 SqFt

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

Listed by MINCOM SOLUTIONS REALTY INC.
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+1(705) 768-5658

ktannock@gmail.com

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102 CORKERY ST