Turnkey mixed-use investment opportunity in the heart of downtown St. Marys. This fully tenanted property features a main-level national retail tenant under a long-term lease, providing stable and predictable income. The upper level includes a fully renovated 2-bedroom residential unit currently operating as a short-term rental, with flexibility for continued use, long-term tenancy, or owner occupancy (subject to applicable regulations). Additional unfinished space offers the potential to create a one-bedroom residential unit (buyer to verify), providing an opportunity to increase future income. Located on a prominent corner lot in the downtown core, the property benefits from strong visibility, walkability, and year-round tourism activity that supports rental demand. Approximate 4.5% cap rate with upside potential. Financial details available upon request for pre-qualified buyers. Please do not go direct. Contact your REALTOR for more information.
| MLS # | X12699368 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 228 |
| Listing Provided By | Sutton Group - First Choice Realty Ltd. | X12699368 566900 |
| Bath(s) | 3 |
|---|---|
| SQ Feet | 3,800 |
| Acreage | 0.09 |
| Cooling | Yes |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 5757.56 |
|---|---|
| Tax Assessed Value | 212000 |
| Tax Type | Annual |
| Tax Legal Description | PT BLOCK 1 S/S QUEEN ST PLAN 225 ST MARYS AS IN R310112; T/W R310112 ; ST MARYS |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Perth |
| City | St. Marys |
| Postal Code | N4X 1A6 |
| Area | St. Marys |
| Listing VS Median (in N4X 1A6) | |
Price: $1,099,000 low | high Med: $714,000 sqft: 3,800 low | high Med: 2,527 $ / sqft: $289 low | high Med: $276 On site: 228 low | high Med: 182.5 | |
| Province | ON |
|---|---|
| Region | Perth |
| City | St. Marys |
| Postal Code | N4X 1A6 |
| Area | St. Marys |
| Listing VS Median (in N4X 1A6) | |
Price: $1,099,000 low | high Med: $714,000 sqft: 3,800 low | high Med: 2,527 $ / sqft: $289 low | high Med: $276 On site: 228 low | high Med: 182.5 | |