Two-story commercial building featuring multiple storefronts, an upper level with windows, and a paved side parking area Features: commercial view

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Commercial property featuring a multi-unit building with storefronts and a service station with multiple pumps Features: commercial view

Commercial waiting area featuring neutral wall tones and drop ceiling Features: fire extinguisher

Tiled entry area with a purple exterior door, neutral wall tones, and recessed lighting Features: natural light, vent

Reception area with a built-in front desk, neutral wall paint, and gray carpet flooring Features: vent, smoke carbon monoxide detector

Commercial interior with broad windows, neutral wall tones, and recessed lighting Features: vent

Bright interior space featuring a wall of three large windows, recessed ceiling lights, and grey carpeting Features: vent

Spacious interior featuring large picture windows, drop ceiling with integrated lighting, and light-colored wall finishes Features: vent

Commercial space featuring neutral-toned walls, a drop ceiling with integrated lighting, and light-toned tile flooring Features: drop ceiling, tile floor, refrigerator, drywall, baseboards wall

Compact utility room featuring a stacked washer and dryer, a ceramic toilet, and tile flooring Features: drywall, toilet, half bathroom, tile floor, electric panel, sink, vent, laundry, baseboards wall, stacked washer dryer, vanity, mirror, drop ceiling

Hallway featuring patterned carpet flooring, light gray walls, white baseboards, and overhead lighting Features: crown molding, baseboards wall, carpet, drywall

Contemporary kitchen featuring white cabinetry, a stainless steel range, and a double basin sink Features: fire extinguisher, backsplash, range oven, vent, shaker cabinets, sink, wood finish floor, drywall, white cabinets, baseboards wall, countertops

Light wood-finish flooring complements the neutral wall tones Features: crown molding, vent, white cabinets, countertops, baseboards wall, wood finish floor, drywall, range oven, shaker cabinets, crown molding cabinets, natural light

Room featuring natural wood flooring, light gray wall paint, and white trim Features: vent, drywall, crown molding, baseboards wall, natural light, wood finish floor

Open-concept living area with hardwood flooring, a large window providing ample natural light, and clean white walls Features: tv, range oven, refrigerator, smoke carbon monoxide detector, crown molding, textured ceiling, drywall, wood finish floor, natural light

White paneled cabinetry with crown molding, stone-look tile backsplash, stainless steel sink with a high arc faucet, light-toned countertop, and built-in dishwasher Features: backsplash, sink, shaker cabinets, crown molding, white cabinets, microwave, drywall, countertops, range oven, crown molding cabinets

Bathroom featuring white square wall tiling, a vanity with an integrated sink, and a chrome faucet Features: vanity, shower, mirror, wainscot wall, drywall, sink, full bathroom, toilet, tile wall

Dedicated laundry area featuring white top-load washing machines and front-load dryers Features: laundry, separate washer dryer, natural light

Image quality insufficient for description Features: refrigerator, garage, drywall, ceiling mounted heater

Spacious garage featuring a concrete floor, built-in shelving, and a roll-up garage door Features: grill, garage, drywall, workshop

Utility area featuring a white utility sink, exposed piping, and a white paneled door Features: fire extinguisher, sump pump, basement, sink, drywall

Building exterior with multiple utility meters, mounted on a wood-paneled facade Features: vertical siding, board batten siding, electric meter

Aerial perspective showcasing a mixed-use commercial and residential district

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For Sale - 196-198 Queen Street, St. Marys, Ontario

196-198 Queen Street

St. Marys , Ontario

$1,210,000

Est payment $5,810/mo

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Time on Jump 31 day

AI Summary *

Prime high-visibility location in downtown St. Marys for strong investment potential.
Fully tenanted mixed-use building with multiple income streams already established.
Main level commercial unit offers separate utilities and spacious design.
Upper level features four two-bedroom apartments, with two recently renovated.
Heated garage at lower level provides additional commercial income opportunities.

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Purchase Price

Term

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Down Payment:
$ 60,500 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Located in a prime high-visibility location in the heart of downtown st. Marys, this fully tenanted 7,000+ sq. Ft. Mixed-use commercial building offers a strong investment opportunity with multiple income streams already in place. With excellent exposure and a central downtown presence, the property is well positioned for long-term growth and stability. The main level features a spacious commercial unit complete with separate utilities, two bathrooms, and a lunchroom/office area. The upper level includes four two-bedroom, one-bathroom apartments, with two recently renovated, adding to the property's overall appeal. At the rear lower level, a large heated garage with bathroom facilities, generating additional commercial income. Common areas have been recently updated and well maintained, showcasing pride of ownership throughout. A turnkey investment opportunity offering strong visibility, a fully occupied tenant mix, and dependable income in a thriving downtown community. Financial information available upon request.

Listing IDX13163462

Address196-198 Queen Street

CitySt. Marys, Ontario

Price$1,210,000

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentBasement 1Heating / Cooling Gas Forced Air Closed

Market Info

Listing Agency:
SUTTON GROUP - SELECT REALTY

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Listing Agency:
SUTTON GROUP - SELECT REALTY

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For Sale - 196-198 Queen Street, St. Marys, Ontario

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Property Info

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Market Info

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