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

3 Bathroom 3800 sqft
Fully Air Conditioned Forced Air

$1,249,999

Exceptional investment opportunity in the heart of downtown St. Marys. This mixed-use property features a main-level national chain tenant secured under a long-term lease, providing stable and reliable income.The upper level offers a fully renovated 2-bedroom residential unit currently operating as a successful owner-managed short-term rental, with flexibility for continued short-term use, conversion to a long-term rental, or personal occupancy.Additional value-add potential exists with unfinished space ready for development into a one-bedroom residential suite, allowing for increased future income.Positioned on a prominent corner lot in a high-traffic, high-growth area, this property benefits from excellent visibility and strong foot traffic. St. Marys is a sought-after destination with year-round tourism, supporting consistent rental demand.Approximate 4.5 cap rate with upside potential through further development. Please do not go direct. Contact your REALTOR for more information. (id:63008)

Property Details

MLS® Number X12699368
Property Type Business
Community Name St. Marys
EquipmentType Water Heater
RentalEquipmentType Water Heater

Building

BathroomTotal 3
Age 100+ Years
Appliances Dishwasher
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 3800 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 56 Ft
SizeFrontage 42 Ft ,2 In
SizeIrregular 42.18 X 56 Ft
SizeTotalText 42.18 X 56 Ft
ZoningDescription C1-1

https://www.realtor.ca/real-estate/29254641/100-queen-street-e-st-marys-st-marys

Julie Heitbohmer
Salesperson


Sutton Group - First Choice Realty Ltd.
151 Downie St
Stratford, Ontario N5A 1X2

Ras Fahraeus
Salesperson


Sutton Group - First Choice Realty Ltd.
151 Downie St
Stratford, Ontario N5A 1X2

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