$1,325,000
Available - For Sale
Listing ID: X12699368
100 Queen Street East , St. Marys, N4X 1A6, Perth
| Excellent commercial investment opportunity in downtown St. Mary's on a well-maintained, centrally located corner lot in a high-traffic, high-growth area. Corner property features a main-level national chain tenant with a long-term lease, plus a fully renovated upper-level 2-bedroom residential unit currently operating as a successful short-term rental, with options for long-term rental or personal use. Bonus raw, undeveloped space offers potential for an additional 1-bedroom unit and increased income. Approx. 4.5% cap rate with upside through further development. St. Mary's draws year-round visitors supporting rental demand. Kindly do not go direct-contact your REALTOR for details. |
| Price | $1,325,000 |
| Taxes: | $5757.56 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 100 Queen Street East , St. Marys, N4X 1A6, Perth |
| Postal Code: | N4X 1A6 |
| Province/State: | Perth |
| Legal Description: | PT BLOCK 1 S/S QUEEN ST PLAN 225 ST MARY |
| Directions/Cross Streets: | Water |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Retail |
| Building Percentage: | F |
| Total Area: | 3800.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 100+ |
| Financial Statement: | T |
| Chattels: | T |
| Water Expense: | $768 |
| Net Income Before Debt: | $60133 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 3 |
| Outside Storage: | F |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Sutton Group - First Choice Realty Ltd. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Perth |
| Municipality: | St. Marys |
| Neighbourhood: | St. Marys |
| Approximate Age: | 100+ |
| Tax: | $5,757.56 |
| Baths: | 3 |
| Fireplace: | N |
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