$279,000

For sale

Address not available, Sault Ste. Marie - Retail for Sale

Sault Ste. Marie, Ontario, P6A1M2

3,500 ft²Listed 28 days ago

Overview

This retail property in Sault Ste. Marie is for sale offering roughly 3,500 sq ft of space. It has been on the market 28 days, fresher than the Sault Ste. Marie average of 54 days.

Retail Space for Sale in Sault Ste. Marie →

$279,000· $80/ft²

For sale

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Sault Ste. Marie, Ontario, P6A1C3

4,000 ft²

Listed by Century 21 Choice Realty Inc.

For sale

16 days ago

$4.25M

Sault Ste. Marie, Ontario, P6B4Y5

14,005 ft²

Listed by Exit Realty True North

For salePrice drop

64 days ago

$150K$160K

↓ $10K (6%) price drop

Sault Ste. Marie, Ontario, P6B1P6

950 ft²

Listed by Remax Sault Ste. Marie Realty Inc.

For sale

75 days ago

$18

Sault Ste. Marie, Ontario, P6B0B9

1,820 ft²

Listed by Exit Realty True North

$279,000

Sault Ste. Marie

Book a showing

Description

Excellent income property with 2 main floor commercial storefronts known as 144 Gore Street and 146 Gore Street. The 4 residential second floor apartments are known as 2 Albert Street East. Each unit has own electrical meters plus one meter for common area. 2-2 bedrooms, 1-1 bedroom and 1 bachelor apartment. Roof replaced in 2021, Apartment windows replaced in 2016, All units are vacant so new owner can set their own rent rates. (id:66096)

Property Details

MLS®: SM262803
Property Type: Retail
Business Type: Retail and Wholesale, Residential
Interior Size: 3,500 ft²
Basement: Partial
Heating: Baseboard heaters, Electric
Garage: Surfaced
Property Tax: $4,382/yr
Listed: 28 days ago

Features

Foundation: Stone
Exterior: Brick, Metal, Siding
Lot Features: Corner Site

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Electricity, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Sault Ste. Marie listings, avg age

54d

Price / ft²

$80

List price

$279K

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 retail 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.

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Listed by Remax Sault Ste. Marie Realty Inc. · Domenic Coccimiglio

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6A)

This home lists at $279,000, about 3.6× the local median household income of $78,000.

Carrying it typically needs a household income of about $54,498 (20% down, 25-yr amortization, stress-tested) — within reach of 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)