102 CORKERY STREET, Powassan (Trout Creek), Ontario

About This Property

This is an exceptional opportunity to acquire a fully renovated facility, with hundreds of thousands invested into its transformation. The property offers a combination of semi-private and private rooms, with a total capacity of 49 beds ( Was operating has Trout Creek Independent Living ) .Formerly known as the Lady Isabelle Nursing Home, this facility, situated on 11 acres near North Bay, Ontario, spans 20,000 square feet and represents a prime development opportunity. Previously a 66-bed nursing home, it features various room configurations designed for single, double, and quadruple occupancy. The property includes a fully equipped kitchen and dining area, laundry facilities, lounges, an activity room, several offices and meeting spaces, as well as a former doctor's office newly furnished with beds, tables, and other essentials.The facility was also approved to operate as a temporary 49-bed long-term care center during the COVID-19 pandemic. The building sits on approximately 3.5 acres, with an additional 7.5 acres included in the sale. The current owner has an allocation for 98 long-term care beds, which the buyer can apply for, though this allocation cannot be transferred or assigned.