Commercial Real Estate for Sale

Opportunity knocks with this versatile commercial/residential property located in a busy commercial plaza in Terrace Bay, offering excellent exposure and steady traffic flow. Whether you’re an entrepreneur ready to launch or an investor looking for mixed-use income potential, this property delivers flexibility and value. The main level features a fully equipped commercial space with all assets from a former coffee shop included, making this a turnkey opportunity to reopen a cafe or bring your own business vision to life. Upstairs you’ll find a spacious 4-bedroom 1-bath apartment, ideal for owner-occupancy or generating strong rental income. Live where you work or lease the unit to offset expenses. This setup offers multiple revenue streams. Don’t wait long, come take a look! Visit www.century21superior.com for more info and pics.

Mo & Jo are retiring!! Mo & Jos Lighthouse Variety is for sale!! This means there's a tremendous opportunity to own & operate a popular well established & well-loved convenience store/take-out restaurant. Open 6 days a week - this family run establishment offers a wide range of convenience style items and products you can't otherwise find on a Sunday. Well known in town for mouth-watering pizzas & delicious homemade burgers. New to the business is M&M Meats (newer freezers & products) Lower-level walk out with a huge office space (once a hair salon) and tons of storage. The building has meticulously maintained with several updates including flooring, paint, equipment, hot water on demand, most propane appliances updated, pizza oven, freezers & coolers. The store is well lit and clean and also serves as a bus depot, and accepts parcel deliveries. Conveniently located in Terrace Bays main business artery - Simcoe Plaza - with views of Lake Superior and Terrace Bay's famous lighthouse - a popular tourist attraction! Visit www.century21superior.com so see more.

Investor opportunity in one of Terrace Bay’s most sought after commercial locations! This well-established plaza sits in a prime high-visibility area and features 6 total units, offering excellent potential for both immediate income and future growth. Three units are currently occupied, including a major anchor tenant - Canada Post - drawing consistent daily traffic to the property. The remaining three vacant units provide a fantastic opportunity for an investor to increase revenue by bringing in additional tenants. Ideally located near major highways, Lake Superior, and a Tesla charging station, this plaza benefits from strong exposure to both local residents and travelers passing through the area. With existing tenancy, strong location appeal, and room to grow the rental income, this property is a fantastic investment opportunity in one of Terrace Bay’s key commercial hubs. Contact your Realtor today for more information.