100 Queen Street E, St. Marys, ON N4X 1A6

St. Marys N4X 1A6 Ontario

MLS: X12699368

$1,325,000

Added 1 hour ago | For Sale

Listed by: Sutton Group - First Choice Realty Ltd.

About Property

Excellent commercial investment opportunity in downtown St. Mary's on a well-maintained, centrally located corner lot in a high-traffic, high-growth area. Corner property features a main-level national chain tenant with a long-term lease, plus a fully renovated upper-level 2-bedroom residential unit currently operating as a successful short-term rental, with options for long-term rental or personal use. Bonus raw, undeveloped space offers potential for an additional 1-bedroom unit and increased income. Approx. 4.5% cap rate with upside through further development. St. Mary's draws year-round visitors supporting rental demand. Kindly do not go direct-contact your REALTOR for details.

Features

  • House Style:Investment
  • Bathrooms:3
  • Land Size: 42.18 X 56
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Water
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $5757.56
  • Bedrooms:
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12699368

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