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About the Listing 285400 -
An exceptional opportunity in the heart of Gore Bay. 58 Meredith Street is a thriving mixed use commercial investment offering incredible flexibility, multiple income streams, and endless potential in one of Manitoulin Island's busiest seasonal destinations. Currently operating as a successful year round business, the vibrant main floor commercial space features wine making services, party rental supplies, coffee offerings, local artisan products and more, drawing both loyal local clientele and seasonal tourist traffic. The property consists of two connected storefronts currently operating as one expansive retail space, allowing future owners the option to continue the existing business model or reconfigure to suit their vision. With strong exposure in a high traffic downtown location, the possibilities are extensive from specialty retail and café concepts to a butcher shop, bakery, boutique market, or other entrepreneurial ventures catering to the growing Manitoulin market. At the rear of the building, a large receiving area with bay door provides excellent functionality for deliveries, storage, and operations, while also offering dedicated tenant parking. Upstairs, the property features four residential apartments providing valuable additional income potential. The units include two spacious 2-bedroom apartments with loft areas, one 1-bedroom unit, and an additional 2-bedroom apartment, making this an attractive opportunity for investors or owner operators seeking diversified revenue streams. Located in the vibrant waterfront community of Gore Bay, known for its marina, tourism, festivals, and growing seasonal economy, this is a rare chance to invest in a landmark commercial property with strong existing infrastructure and room for future growth.
Listing Highlights
Status
Active
Days on Site
15
Property Type
Commercial Sale
MLS ®
X13139310
Year Built
Total Square Footage
4,875
Lot/Acreage
N/A
County
Manitoulin
Area
Gore Bay
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: No
- Heating: Electric Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: Street,No Garage
Financial Details
- Tax Amount: $5,591
- Taxes w/Assessments: N/A
- Tax/Property ID: 471080513
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Years
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Questions About..
58 Meredith St Gore Bay, ON P0P 1H0
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