NewFor Sale

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

Office
TRREB
MLS® Number: X12243996
$565,000List Price
OfficeProperty Type
1,986 sq ftSize
$6,384.12 / 2024Taxes (Annual)
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Listing History

Buy/sell history for 119 Water Street S, St. Marys, ON N4X 1C9

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Description

Discover a fantastic investment opportunity at 119 Water Street South, St. Marysa well-maintained commercial property offering a blend of business and residential income streams in a prime location. This tenanted building features a thriving main-floor business and two one-bedroom apartments above, making it a versatile, turn-key investment with excellent potential for income growth. The property boasts ample parking options, including three garage spaces and surface parking for up to 11 cars, providing convenience for tenants and their patrons. Located in a high-visibility area of St. Marys, the building benefits from its strategic location, ensuring consistent foot traffic and exposure for the commercial tenant, while being equally convenient for the residential tenants. Both apartments above the commercial space are well-kept, offering comfortable living quarters with a steady rental income. The building has been thoughtfully maintained, with long-term tenants who take pride in their spaces. Whether you're a seasoned investor or new to the market, this property represents a hassle-free addition to your portfolio, offering immediate 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 the ability to attract quality tenants ensures that this property remains a reliable income generator. With the groundwork already in place and room to increase revenues, this is your chance to acquire a lucrative investment property thats ready to perform from day one. Don't miss this unique opportunity to own a well-maintained, versatile commercial and residential property in the heart of St. Marys.

Features

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Amenities

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Summary

Tax (Annual):$6,384.12 / 2024
Listing #:X12243996
Property Type:Office
Size:1,986 sq ft
Land Size:70.5 x 158
Days on CPRB:
Garage:Double Detached
Locker:None
On CPRB Since:
Listing Brokerage:REAL BROKER ONTARIO LTD.

Rooms

Details

Property

Property Type:Office
Community:St. Marys
Municipality:Perth

Building

Size:1,986 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Double Detached
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Electric Forced Air
Utility Sewer:None

Land

Cross Street:Park Street

$565,000

List price

119 Water Street S, St. Marys – Office for sale · MLS® # X12243996 | CPRB