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119 Water Street Image 1

$599,900

Dec 10, 2024Office For Sale
bedroomsbed
washrooms0bath
MLS - #X11888050

119 Water Street, St. Marys, ON N4X 1C9

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Average Price
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Property Description

Property type

Office

Lot size

N/A

Style

Approx. Area

N/A

About 119 Water Street

Discover a fantastic investment opportunity at 119 Water Street South, St. Marysa well-maintained commercial property offering a blend ofbusiness and residential income streams in a prime location. This tenanted building features a thriving main-floor business and two one-bedroomapartments above, making it a versatile, turn-key investment with excellent potential for income growth. The property boasts ample parkingoptions, including three garage spaces and surface parking for up to 11 cars, providing convenience for tenants and their patrons. Located in ahigh-visibility area of St. Marys, the building benefits from its strategic location, ensuring consistent foot traffic and exposure for the commercialtenant, while being equally convenient for the residential tenants. Both apartments above the commercial space are well-kept, offeringcomfortable living quarters with a steady rental income. The building has been thoughtfully maintained, with long-term tenants who take pride intheir spaces. Whether you're a seasoned investor or new to the market, this property represents a hassle-free addition to your portfolio, offeringimmediate returns and potential for future appreciation. St. Marys is known for its charm, growing community, and vibrant local economy,making it an ideal setting for a property like this. The demand for mixed-use buildings in such well-situated areas continues to rise, and theability to attract quality tenants ensures that this property remains a reliable income generator. With the groundwork already in place and roomto increase revenues, this is your chance to acquire a lucrative investment property thats ready to perform from day one. Don't miss this uniqueopportunity to own a well-maintained, versatile commercial and residential property in the heart of St. Marys.

Home Overview

Last updated

Dec 18, 2024

Virtual tour

None

Basement information

Building size

3972

Status

In-Active

Property sub type

Office

Maintenance fee

$N/A

Year built

2024

Listed by REAL BROKER ONTARIO LTD.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Electric Forced Air
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 119 Water Street

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