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COMMUNITY PROFILE - Marathon Ontario

COMMUNITY PROFILE - Marathon Ontario

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TAX BASEThe majority of operating finances collected by the Town of <strong>Marathon</strong> are dependent upon theannual taxes levied on its property owners. These funds are applied towards the administration ofall municipal departments for the provision of many essential services: police and fire protection,road maintenance, sewage and drainage, parks and recreation, economic development and tourism.2008 TAX RATES Municipal Education TotalTax Class Tax Rate Tax Rate Tax RateCommercial Taxable 0.03558542 0.02063712 0.05622254Commercial Tenant Taxable 0.03558542 0.02063712 0.05622254Commercial Taxable: Vacant Unit/Excess Land 0.02490979 0.014444598 0.03935577Commercial Taxable: Vacant Land 0.03083405 0.001788165 0.04871570Industrial Taxable 0.06405375 0.02032768 0.08438143Industrial Taxable: Vacant Land 0.04163494 0.01321299 0.05484793Large Industrial Taxable 0.06405375 0.02032768 0.08438143Large Industrial Vacant Land 0.04163494 0.01321299 0.05484793Shopping Center Taxable 0.03558542 0.02063712 0.05622254For more detailed tax information, contact the Town of <strong>Marathon</strong>’s Economic Development Officeat (807) 229-1340 Extension 2228.REAL ESTATEThere are a variety of available options for acompany or business looking to establishoperations in <strong>Marathon</strong>. Available locationsrange in size, zoning, and features. Lease ratesand sale prices are very attractive andcompetitive. A full listing of available industrial,commercial, and office space is readilyavailable by contacting the Town of <strong>Marathon</strong>Economic Development Office.EXISTING SPACECurrently, there are a number of commercialspaces available in <strong>Marathon</strong>. The size and typeof these commercial spaces vary, withproperties ranging from those 1,000 square feetin size, to those in excess of 8,000 square feet.Some of these spaces offer, high traffic, highprofile locations in indoor and strip malls, whileothers offer locations on Highway commercialzones, or modern industrial park space.Whatever your location preference may be, theTown of <strong>Marathon</strong> Economic DevelopmentOffice is more than willing to organize aconfidential tour of available land and spaces.OPERATING COSTSIndustrial and commercial lease rates in<strong>Marathon</strong> are extremely competitive. Thesecompetitive rates make <strong>Marathon</strong> a low-costcentre to do business.OPTION TO BUILDIf building a new facility is what you’re lookingfor, <strong>Marathon</strong> has locations to suit yourindustrial or commercial needs.8 www.marathon.ca

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