536-542 Queen St Sault Ste. Marie, Ontario P6A 2A1

9,717 sqft
Forced Air

$1,249,900

Exceptional mixed-use investment opportunity in a prime downtown location, fully rented and generating over a 10% ROI. This rare offering includes two buildings being sold together, featuring approximately 5,000 sq ft of commercial space across two units with full clean and dry basements, plus over 4,500 sq ft of residential space comprised of four executive-style, fully furnished apartments currently operating as a very successful investment. Extensively restored and renovated with no expense spared, the property showcases high-end finishes throughout and true pride of ownership, including a standout 2,200 sq ft open-concept main apartment. Ample well-lit on-site parking and excellent exposure add to the appeal, with the city’s multi-million dollar Downtown Plaza redevelopment directly across the street, enhancing long-term value and demand. A rare opportunity to acquire a turnkey, income-producing asset in a sought-after location, with full details and financial package available through the listing brokerage. (id:15477)

Business

Business Type Retail and Wholesale, Residential
Business Sub Type General retail, Residential

Property Details

MLS® Number SM261015
Property Type Other
Community Name Sault Ste. Marie

Building

Age Age Is Unknown
Basement Type Full
Construction Material Concrete Block
Exterior Finish Brick, Stone, Stucco
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 9,717 Sqft
Utility Water Municipal Water

Parking

Parking Space(s) 12

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 55.1000
Size Total Text Under 1/2 Acre

https://www.realtor.ca/real-estate/29754404/536-542-queen-st-sault-ste-marie-sault-ste-marie

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