6 Oakland Avenue, Elliot Lake
Welcome to 6 Oakland — a rare opportunity to acquire a fully leased, income-producing commercial property situated on over an acre of land in a high-visibility location. This well-maintained property features a multi-tenant building with five established tenants, providing stable and diversified rental income. The site includes a fully operational car wash and automotive repair facility, making it a strong asset in a high-demand service sector. With ample parking, excellent accessibility, and strong tenant retention, this property offers investors immediate cash flow and long-term upside potential. The expansive lot size provides flexibility for future improvements or redevelopment (subject to approvals), further enhancing its value. 6 Oakland delivers stability, income, and growth potential in one compelling package making it the perfect investment to add to your portfolio. (id:1945)
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Property details for 6 Oakland Avenue, Elliot Lake
- Type
- Commercial
- Heating
- Forced air
- Exterior
- Brick, Aluminum siding
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 6 Oakland Avenue
Active Listings
70
Min Price
$79,900
Max Price
$2,699,000
Avg Price
$339,390
Days on Market
95
days
Sold Listings
30
Min Sold Price
$93,900
Max Sold Price
$369,900
Avg Sold Price
$228,023
Days until Sold
80
days
Neighbourhood Census Data
Elliot Lake, Ontario
Population
784
Median Age
60.4
Median Income
$26,368
Dwelling Value
$120,028
Housing Tenure
Owners 69%
Renters 32%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 2.4/km²
Avg Shelter Cost: $1,092/mo
Owners with Mortgage: 60.8%
Owners Spending 30%+: 17.6%
Tenants Spending 30%+: 37.5%
English only: 76.4%
French only: 1.3%
English and French: 22.3%
Median Household Income: $45,568
Median Employment Income: $24,032
Price History
Listed
February 18, 2026
by EXP REALTY, BROKERAGE
Current Price
$1,250,000
Type
Commercial
For Sale
