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    For Sale - 119 Water Street, St. Marys, Ontario

    Est payment $2,713/mo
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    Views   2
    Time on Jump  200 day

    AI Summary *

    • Prime location with a mix of commercial and residential income streams.
    • Thriving main-floor business with two well-kept apartments above.
    • Ample parking with garage spaces and surface spots for tenants and patrons.
    • Consistent foot traffic ensures good visibility for the commercial tenant.
    • Turn-key investment with long-term tenants and potential for income growth.




    Discover a fantastic investment opportunity at 119 water street south, st. Marys-a well-maintained commercial property featuring a blend of business and residential income streams in a prime location. This tenanted building includes 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, the building benefits from its strategic setting, ensuring consistent foot traffic and exposure for the commercial tenant, while remaining equally convenient for the residential tenants. Both apartments above the commercial space are well-kept, providing comfortable living quarters with steady rental income. The building has been carefully 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, delivering 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. Demand for mixed-use buildings in 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 that's ready to perform from day one. Don't miss this rare opportunity to own a well-maintained, versatile commercial and residential property.
    Listing IDX12872080
    Address119 Water Street
    CitySt. Marys, Ontario
    Price$565,000
    StyleOffice
    Land Size10623.97
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype OfficeHeating / Cooling Electric Forced AirSewer None

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    Listing Agency:  REAL BROKER ONTARIO LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    119 Water Street
    St. Marys , Ontario
    $565,000
    Get more info