Turnkey mixed-use investment opportunity in the heart of downtown St. Marys. This fully tenanted property features a main-level national retail tenant under a long-term lease, providing stable and predictable income. The upper level includes a fully renovated 2-bedroom residential unit currently operating as a short-term rental, with flexibility for continued use, long-term tenancy, or owner occupancy (subject to applicable regulations). Additional unfinished space offers the potential to create a one-bedroom residential unit (buyer to verify), providing an opportunity to increase future income. Located on a prominent corner lot in the downtown core, the property benefits from strong visibility, walkability, and year-round tourism activity that supports rental demand. Approximate 4.5% cap rate with upside potential. Financial details available upon request for pre-qualified buyers. Please do not go direct. Contact your REALTOR for more information. (id:51004)
| MLS® Number | X12699368 |
| Property Type | Business |
| Community Name | St. Marys |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 3 |
| Age | 100+ Years |
| Appliances | Dishwasher |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3800 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 56 Ft |
| Size Frontage | 42 Ft ,2 In |
| Size Irregular | 42.18 X 56 Ft |
| Size Total Text | 42.18 X 56 Ft |
| Zoning Description | C1-1 |
https://www.realtor.ca/real-estate/29254641/100-queen-street-e-st-marys-st-marys
(519) 271-5515
www.suttonfirstchoice.com/
(519) 271-5515
www.suttonfirstchoice.com/
Contact us for more information
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