$649,900
Sault Ste. Marie
Sault Ste. Marie, Ontario, P6B3K7
This other in Sault Ste. Marie is for sale offering roughly 5,081 sq ft of space. It has been on the market 28 days, fresher than the Sault Ste. Marie average of 54 days.
Exceptional opportunity to own a fully leased commercial property in a high-traffic location on Lake Street—one of Sault Ste. Marie’s key commercial corridors. Surrounded by national retailers, service businesses, and professional offices, this site offers excellent visibility and long-term value. Leased to a reputable tenant on a triple net lease through Q1 2027, with two five-year renewal options (rates to be negotiated). The main building offers 4,000+ sq. ft. with 6 offices on the main level, additional offices and a boardroom upstairs. A second structure features a loading bay with overhead door and storage space. The 1+ acre lot includes ample parking and a fenced yard for vehicles or equipment. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 28 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 28 days, which is 26 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 $649,900, about 9.4× the local median household income of $69,000.
Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 84% above the area median.
Source: Statistics Canada, 2021 Census (FSA P6B)
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