196-198 QUEEN STREET E, St. Marys

$1,210,000

196-198 QUEEN STREET E, St. Marys — photo 1196-198 QUEEN STREET E, St. Marys — photo 2196-198 QUEEN STREET E, St. Marys — photo 3196-198 QUEEN STREET E, St. Marys — photo 4196-198 QUEEN STREET E, St. Marys — photo 5196-198 QUEEN STREET E, St. Marys — photo 6196-198 QUEEN STREET E, St. Marys — photo 7196-198 QUEEN STREET E, St. Marys — photo 8196-198 QUEEN STREET E, St. Marys — photo 9

About this property

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:66939)

Property details

Price
$1,210,000
Living area
7,062 square feet
Property type
Retail
MLS® number
X13161272

Location

Map showing the location of 196-198 QUEEN STREET E, St. Marys

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Listing courtesy of SUTTON GROUP - SELECT REALTY. Source board: London and St. Thomas Association of REALTORS®.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.