$1,195,000
Sault Ste. Marie
Sault Ste. Marie, Ontario, P6A1Y7
This other in Sault Ste. Marie is for sale offering roughly 17,500 sq ft of space. It has been on the market 43 days, fresher than the Sault Ste. Marie average of 54 days.
Very rare opportunity to acquire a fully renovated, turnkey Class A office building and parking in the heart of Downtown. Over 17,000 sq. ft. over 3 floors with elevator access and strong positive cash flow. Features newer HVAC, renovated suites incl. bathrooms/kitchens, excellent roof/exterior, and handicap accessibility. Includes 10 on-site parking spots + 55 additional spots at 229 Albert St (0.405 acre lot steps away). Solid tenants on 1st & 3rd floor; 2nd floor vacant for owner to occupy or lease. Expansive high-ceiling basement offers additional leasable income. C-2 zoning allows many commercial uses. Very detailed and expansive appraisal available for additional information. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 43 days on market, against an average age of 54 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.
This other in Sault Ste. Marie has been listed for 43 days, which is 11 days fresher than the city average of 54. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,195,000, about 15.3× the local median household income of $78,000.
Carrying it typically needs a household income of about $233,425 (20% down, 25-yr amortization, stress-tested) — roughly 199% above the area median.
Source: Statistics Canada, 2021 Census (FSA P6A)
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