450 Queen Street E St. Marys, Ontario N4X 1A5

$639,900

Own a piece of history in the Stonetown with this distinctive mixed-use stone property, originally built in 1880 and prominently positioned along Queen Street East in St. Marys. The property provides an established income stream from both commercial and residential tenants, with the main-floor commercial space currently leased at $3,000/month gross, inclusive of HST and utilities, and the one-bedroom residential unit above rented for $750/month inclusive of utilities. The residential tenancy is month-to-month, creating potential for future rental upside. The property also benefits from excellent visibility, convenient on-site parking and a recently paved parking area. With its historic stone construction, prominent location and combination of existing income with future potential, this is a unique opportunity to add a recognizable St. Marys property to your investment portfolio. (id:42776)

Property Details

MLS® Number	X13694780
Property Type	Retail
Community Name	St. Marys

Building

Age	100+ Years
Cooling Type	Partially Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	2,438 Sqft
Type	Residential Commercial Mix
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	166 Ft
Size Frontage	49 Ft ,7 In
Size Irregular	0.214
Size Total	0.214 Ac
Size Total Text	0.214 Ac
Zoning Description	C4-1

https://www.realtor.ca/real-estate/30177346/450-queen-street-e-st-marys-st-marys