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Est. payment /mo
3 Baths
3,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,800 sqft
Subdivision St. Marys
MLS Listing ID X12699368
Annual Tax Amount $5,757
Tax Year 2025
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Perth
Area Perth
Zoning C1-1
Interior
Cooling Yes
Inclusions refrigerator, stove, dishwasher in rental unit
Exterior
Utilities Available Yes
Lot Frontage 42.18
Lot Depth 56.0
Building
Building Age 100+
Others
ParcelsYN No
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Listed by Sutton Group - First Choice Realty Ltd.
Nearby School & Business
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