47 Gibson Street
Parry Sound Parry Sound P2A 1X1

$1,595,000 /For Sale
Commercial

Main Photo: 47 Gibson Street: Parry Sound Commercial for sale : MLS®# X12021222
Photo 1: 47 Gibson Street: Parry Sound Commercial for sale : MLS®# X12021222
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12021222
Bus Major:
Other
In the heart of Parry Sound, 47 Gibson Street is a historic 4-unit building that beautifully combines rich heritage with artistic flair. Great care was taken during a full 2020 gutting and renovation where all wiring, plumbing, windows, appliances, and studs were replaced or reinforced. As much of the original character as the local building inspector allowed was retained to create a true one-of-a-kind "shabby chic" building, such as the original 1898 pine floors. This unique property offers an unparalleled opportunity for those seeking both charm and potential. The building is steeped in history, with each of its well-appointed units featuring distinctive architectural elements and artistic details that highlight the area's cultural significance. From the moment you step inside, you're greeted by a sense of warmth and character that is hard to find elsewhere. The location of this property is a true standout, situated in one of the most desirable areas of Parry Sound, with easy access to local amenities, charming shops, and stunning waterfront views. The main floor is wheelchair accessible. The 2 sunrooms are off the Carmichael and Thomson units. All four units are equipped with HRVs. The vibrant downtown scene is just a short walk away, providing residents and tenants with the perfect mix of quiet residential living and proximity to everything this picturesque town has to offer. Whether you're looking to preserve the building's artistic history or capitalize on a promising investment, 47 Gibson Street offers incredible potential. With a combination of historic charm, a prime location, and strong investment appeal, this property is a rare gem in a thriving community. SQFT- 2300 per floor, as well as 2200 in the lower level (basement). The basement not only has 1 unit but has an entrance via the stairs as well as a walk-out into the backyard. The lower level also has a storage room equipped with all of the electrical panels. Brand new solar battery array 50k value.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4530 sq. ft. Acres
Total Area:
4,530.24 sq. ft.
Depth:
132'
Frontage:
35'
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
C1
Heating type:
Baseboard
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$4,074.21 / 2025
Assessment:
$- / 2024
Parry Sound
Parry Sound
Parry Sound
Select iteam's of the seller choosing
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Other
Category:
Apartment
Franchise:
No
Chattels:
Yes
Date Listed:
Mar 15, 2025
Original Price:
$1,700,000
Previous Price:
$1,700,000
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Listed by RE/MAX Parry Sound Muskoka Realty Ltd
Data was last updated August 6, 2025 at 09:15 PM (UTC)
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