123 Railway Street, West Nipissing
INVESTMENT OPPORTUNITY | C2 ZONING | DEVELOPMENT POTENTIAL Think beyond the current use. This modern, approximately 10-year-old commercial property presents an intriguing value-add investment opportunity for an owner-operator, an entrepreneur or investor looking for flexibility, existing infrastructure and future upside.Currently operating as an established funeral home, the property features a modern, state-of-the-art building with reception areas, chapel, private offices, visitation/viewing space, attached single-car garage and ample on-site parking. The existing layout provides an excellent foundation for continued operation - or a creative new business concept.C2 zoning opens the door to potential opportunities for health services, veterinary use, service establishments, entertainment/recreation and other permitted commercial uses. And the real upside? An additional lot fronting Nipissing Street offers potential for severance, subject to municipal approvals, creating an opportunity to unlock additional land value, future development potential or a separate investment play. For the investor with vision, this is more than a commercial building - it's a flexible commercial real estate asset with redevelopment potential, multiple permitted-use possibilities and an opportunity to reposition the property for its next chapter.The infrastructure is here. The zoning is here. The land is here. Now bring the vision. A rare opportunity to acquire a commercial investment property with value-add and future development potential. (id:1945)
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Property details for 123 Railway Street, West Nipissing
- Type
- Commercial
- Bathrooms
- 2
- Living Area
- 4,197 square feet
- Lot Size
- 1.16
- Parking
- Other
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Annual Taxes
- $18,079 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 123 Railway Street
Active Listings
9
Min Price
$339,900
Max Price
$1,250,000
Avg Price
$562,500
Days on Market
33
days
Sold Listings
1
Min Sold Price
$499,900
Max Sold Price
$499,900
Avg Sold Price
$499,900
Days until Sold
54
days
Neighbourhood Census Data
West Nipissing / Nipissing Ouest, Ontario
Population
514
Median Age
49.5
Median Income
$23,659
Dwelling Value
$178,959
Housing Tenure
Owners 60%
Renters 42%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 1,189.3/km²
Avg Shelter Cost: $978/mo
Owners with Mortgage: 60.7%
Owners Spending 30%+: 22.2%
Tenants Spending 30%+: 40%
English only: 33.3%
French only: 3.9%
English and French: 62.7%
Median Household Income: $42,880
Median Employment Income: $21,824
Price History
Listed
August 18, 2026
by REALTY EXECUTIVES Local Group Inc. Brokerage
Current Price
$875,000
Type
Commercial
For Sale
