haho.ca
$488,000
For sale

280 Queen Street East, Sault Ste Marie - Business for Sale

280 Queen Street East, Sault Ste Marie, Ontario, P6A1Y7

4,260 ft²Listed 85 days ago
Overview

This business in Sault Ste Marie is for sale offering roughly 4,260 sq ft of space.

Description

Prime downtown turn-key investment! Exceptional opportunity to acquire both the established business and the prime real estate at 280 Queen St E in the heart of Sault Ste. Marie. Situated on a high-visibility, high-traffic commercial corridor, this versatile property offers prominent street frontage, large display windows, and excellent signage potential to maximize exposure. The well-maintained building features a highly functional main layout, strong physical infrastructure, and convenient access to municipal parking, transit, and local amenities. Ideal for an entrepreneur seeking an active business with valuable real property, or an investor looking to capitalize on a bustling downtown location. Flexible options and immediate potential. Book your private showing today! (id:66096)

Property Details

MLS®
X13667516
Property Type
Business
Business Type
Restaurant
Zoning
Restaurant
Interior Size
4,260 ft²
Frontage
28 ft
Building Area
4,260 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$7,305/yr
Listed
85 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
85d
Sault Ste Marie listings, avg age
57d
Price / ft²
$115
List price
$488K

Long Listed: 85 days on market, against an average age of 57 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 26 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Sault Ste Marie is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by HOMELIFE NEW WORLD REALTY INC. · TIM HUANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6A)

This home lists at $488,000, about 6.3× the local median household income of $78,000.

Carrying it typically needs a household income of about $95,323 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income
$78,000
Population
33,800
Median age
47.2
Owner / renter
70% / 31%
Avg. household size
2.2

Source: Statistics Canada, 2021 Census (FSA P6A)

$488,000· $115/ft²
For sale

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Financing

Buying this business?

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$488,000

Sault Ste Marie

Book a showing