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

$1,325,000

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. (id:42776)

Property Details

MLS® Number	X12699368
Property Type	Business
Community Name	St. Marys
Equipment Type	Water Heater
Rental Equipment Type	Water Heater

Building

Bathroom Total	3
Age	100+ Years
Appliances	Dishwasher
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	3,800 Ft2
Utility Water	Municipal Water

Land

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