NewFor Sale

302* Queen Street E
Sault Ste Marie, Algoma, ON, P6A 1Z1

Commercial Retail
TRREB
MLS® Number: X12461395
$3,500,000List Price
Commercial RetailProperty Type
13,500 sq ftSize
$79,994 / 2024Taxes (Annual)
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Listing History

Buy/sell history for 302* Queen Street E, Sault Ste Marie, ON P6A 1Z1

0 Transactions by CPRB Agents

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Description

Essential services commercial centre located in the heart of Downtown Sault Ste. Marie, the Property is well-positioned in the market with significant local foot traffic and high visibility in one of North Ontario's most populated cities. The Property is anchored by Neighbourly Pharmacy (operating as I.D.A.), which is one of the fastest growing drug store chains in Canada. Representing over 65% of the income for the Property, this tenant is on a long-term lease and is the dominant drug store in Downtown Sault Ste. Marie. Complementary tenants include doctors, lawyers and accountants with long tenure at the property. Having recently undergone a major capital improvement program and offering rarely available downtown parking, the Property is well-positioned to deliver strong performance and provide investors with stable, long-term cash flow.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$79,994 / 2024
Listing #:X12461395
Property Type:Commercial Retail
Size:13,500 sq ft
Land Size:55.34 x 131.9
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:COLLIERS

Rooms

Details

Property

Property Type:Commercial Retail
Municipality:Algoma

Building

Size:13,500 sq ft

Inside

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

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary+Storm

Land

Cross Street:Queen Street East & Bruce Street

$3,500,000

List price

302* Queen Street E, Sault Ste Marie – Commercial Retail for sale