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118-120 QUEEN Street E located in St. Marys, Ontario

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118-120 QUEEN Street E, St. Marys Ontario N4X1B4
26 days

CA$699,900

$2069/ month

Mortgage Payment

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Date
29 Mar
Time
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Mixed-Use Commercial Space in Historic Downtown Core Attention Investors! Don't miss this incredible opportunity to own a mixed-use commercial space in the heart of the historic downtown core. This p


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118-120 QUEEN Street E, St. Marys Ontario N4X1B4 image #0
Available
26 days

118-120 QUEEN Street E, St. Marys Ontario N4X1B4

CA$699,900

$2069/ month

Mortgage Payment

Date
29 Mar
Time
Anytime
In person
In Person
Online
Online
video thumbnail

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Your Payment

CA$2,069/ monthly

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Dale Mundi

Broker of Record



Mixed-Use Commercial Space in Historic Downtown Core Attention Investors! Don't miss this incredible opportunity to own a mixed-use commercial space in the heart of the historic downtown core. This property offers a lucrative investment with multiple income streams. Main Floor: Takeout Restaurant with Lease in Place The main floor features a thriving takeout restaurant with a lease still in place for the next 3 years. This provides a stable and consistent rental income for the new owner. Take advantage of an established business and start generating revenue from day one. Upstairs: Two 2-Bedroom Apartments with Month-to-Month Tenancy Upstairs, you'll find two spacious 2-bedroom apartments, each with its own separate hydro and heating. Currently on a month-to-month tenancy, these units offer flexibility for the new owner. Whether you choose to continue with the existing tenancy or explore other rental options, the choice is yours. Additional Income: Coin-Operated Laundry Boost your cash flow with the coin-operated laundry facilities available for the residential units. This additional income stream adds even more value to this already lucrative investment opportunity. Prime Location Situated in the historic downtown core, this property is surrounded by a vibrant community and offers excellent exposure for the takeout restaurant. Take advantage of the foot traffic and capitalize on the bustling atmosphere of this sought-after location. Key Highlights - Mixed-use commercial space - Stable rental income from the takeout restaurant lease (3 years remaining) - Two spacious 2-bedroom apartments with separate hydro and heating - Month-to-month tenancy for the residential units, providing flexibility - Coin-operated laundry for additional income - Prime location in the historic downtown core Don't miss out on this fantastic investment opportunity. Call today to schedule a viewing and secure your future in the thriving downtown core. (id:44040)

118-120 QUEEN Street E, St. Marys, Ontario

This Commercial property located at 118-120 QUEEN Street E, St. Marys, Ontario is approximately 0.073 ac|under 1/2 acre in area. This located in the neighbourhood of St. Marys city has a Freehold ownership status and is currently on sale for CA$699,900 canadian dollars. This property MLS#: 40546460 has been live on our site for 29 days

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Mortgage Agent
Harminder Grewal

Harminder has more than 10 years of experience.

Language:

English

Response Time:

Within an hour
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Lawyer
Andrew Wilson

Andrew has more than 10 years of experience.

Language:

English

Response Time:

Within an hour
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The listing data is deemed reliable but is not guaranteed accurate by the TRREB, Real Estate Hut Realty Inc. or Dale Mundi.
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association or Dale Mundi.
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