196-198 Queen Street E, St. Marys, Ontario N4X 1B1 (29792735)


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196-198 Queen Street E St. Marys, Ontario N4X 1B1

2927 sqft
Partially Air Conditioned Forced Air

$1,210,000

Located in a prime high-visibility location in the heart of downtown St. Marys, this fully tenanted 7,000+ sq. ft. mixed-use commercial building offers a strong investment opportunity with multiple income streams already in place. With excellent exposure and a central downtown presence, the property is well positioned for long-term growth and stability. The main level features a spacious commercial unit complete with separate utilities, two bathrooms, and a lunchroom/office area. The upper level includes four two-bedroom, one-bathroom apartments, with two recently renovated, adding to the property's overall appeal. At the rear lower level, a large heated garage with bathroom facilities, generating additional commercial income. Common areas have been recently updated and well maintained, showcasing pride of ownership throughout. A turnkey investment opportunity offering strong visibility, a fully occupied tenant mix, and dependable income in a thriving downtown community. Financial information available upon request. (id:60297)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X13163462
Property Type Multi-family
Community Name St. Marys

Building

CoolingType Partially Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 2927 Sqft
Type Multi-family
UtilityWater Municipal Water

Parking

Other

Land

Acreage No
SizeDepth 100 Ft
SizeFrontage 46 Ft ,1 In
SizeIrregular 46.15 X 100 Ft
SizeTotalText 46.15 X 100 Ft
ZoningDescription C1

https://www.realtor.ca/real-estate/29792735/196-198-queen-street-e-st-marys-st-marys

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Jon Baker
Salesperson


Sutton Group - Select Realty
250 Wharncliffe Road North
London, Ontario N6H 2B8

Taylor Majerle
Salesperson


Sutton Group - Select Realty
250 Wharncliffe Road North
London, Ontario N6H 2B8

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