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

$1,249,999

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: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 Sqft
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