Visit the REALTOR website for further information about this Listing. A rare opportunity to own a downtown commercial property in the heart of Parry Sound. Whether you're an entrepreneur looking for an affordable location for your own business, an investor looking for a downtown commercial property, or someone looking for a property with future redevelopment possibilities, 54 James Street offers exceptional flexibility. Located on James Street in downtown Parry Sound, this approximately 1,064 sq. ft. two-storey building with a basement sits on a compact 14' 73' lot and is zoned C1 General Commercial. The building offers two full above-grade levels plus a basement, with a bathroom on both the main level and upper level, providing practical flexibility for a variety of potential commercial uses. Flexible C1 zoning,The C1 General Commercial zoning permits a broad range of commercial uses, giving a future owner numerous possibilities for the property. Potential permitted uses include: Retail & Business Retail store Professional or business office Personal service establishment Service shop Financial institution Wholesale/retail establishment Food & Hospitality Restaurant Bakery Hotel Lodging/tourist accommodation Professional & Service Clinic Veterinary clinic Commercial school or training facility Art gallery Printing establishment Dry cleaning establishment Laundromat Custom workshop Equipment rental Entertainment & Recreation Entertainment establishment Place of amusement Recreational uses Automotive & Marine Automotive sales Auto repair/service Car wash Motor vehicle rental Marine-related retail Recreational vehicle sales/storage/repair Other commercial opportunities Building supply Garden/nursery centre Storage/mini-warehouse Parking-related uses And other uses permitted under the C1 zone. The C1 zoning also recognizes residential uses, including a converted dwelling, as permitted uses.