$ 1,950,000
2 Ontario Street
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2 Ontario Street, Marathon

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! (id:1945)
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Property details for 2 Ontario Street, Marathon

Type
Commercial
Living Area
26,228 square feet
Basement
Crawl space
Heating
Electric, Other
Cooling
None
Exterior
Brick
Annual Taxes
$59,393

Nearby Listings Stat

Estimated price and comparable properties near 2 Ontario Street

Active Listings
21
Min Price
$78,000
Max Price
$1,950,000
Avg Price
$372,081
Days on Market
150
days
Sold Listings
6
Min Sold Price
$159,000
Max Sold Price
$289,000
Avg Sold Price
$221,150
Days until Sold
94
days

Neighbourhood Census Data

Thunder Bay, Unorganized, Ontario

Population
518
Median Age
57
Median Income
$39,872
Dwelling Value
$249,930

Housing Tenure

Owners 94%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 0.0/km²
Avg Shelter Cost: $669/mo
Owners with Mortgage: 27.3%
Owners Spending 30%+: 9.1%
Tenants Spending 30%+: 0%
English only: 90.4%
English and French: 9.6%
Median Household Income: $73,600
Median Employment Income: $37,120

Price History

Listed
June 12, 2026
by RE/MAX GENERATIONS REALTY
Current Price
$1,950,000
Type
Commercial
For Sale
2 Ontario Street

Contact Agent Get in touch about 2 Ontario Street, Marathon

AJA KEOUGH
AJA KEOUGH
RE/MAX GENERATIONS REALTY

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