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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. (id:62412)
| MLS® Number | X12699368 |
| Property Type | Business |
| Community Name | St. Marys |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 3 |
| Age | 100+ Years |
| Appliances | Dishwasher |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,800 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 56 Ft |
| Size Frontage | 42 Ft ,2 In |
| Size Irregular | 42.18 X 56 Ft |
| Size Total Text | 42.18 X 56 Ft |
| Zoning Description | C1-1 |
https://www.realtor.ca/real-estate/29254641/100-queen-street-e-st-marys-st-marys
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