$599,900
Sault Ste. Marie
Sault Ste. Marie, Ontario, P6C2J7
This other in Sault Ste. Marie is for sale offering roughly 1,600 sq ft of space. It has been on the market 5 days, fresher than the Sault Ste. Marie average of 54 days.
EXCELLENT COMMERCIAL / RESIDENTIAL INVESTMENT OPPORTUNITY! Fantastic location offering outstanding visibility and exposure! This extensively renovated commercial/residential building showcases quality finishes throughout and is truly move-in ready. The main floor is currently configured as a professional chiropractic office, featuring a spacious reception area, four examination rooms, a private office, washroom, and two separate entrances. An ideal setup for another chiropractic practice, law firm, professional office, or a variety of other business opportunities. The finished lower level offers even more potential, with its own separate entrance, two rooms, waiting area, and washroom. Perfect for an esthetician, massage therapist, or another complementary professional service. Adding even more value is a modern, self-contained two-bedroom apartment on the upper level, complete with its own private entrance and parking. The current tenant pays $1,400 per month, providing a great source of additional income to help offset ownership costs. Additional features include efficient gas hot water heating, central air conditioning, and paved parking. Extensively upgraded, exceptionally well maintained, and offering multiple income opportunities, this is a fantastic property for an owner-operator or investor looking for a versatile commercial/residential building in a high-visibility location. Nothing to do but move in and make it work for you! Opportunities like this don't come along every day. Call today for more information or to book your private viewing! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 5 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 5 days, which is 49 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 $599,900, about 8.4× the local median household income of $71,500.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 64% above the area median.
Source: Statistics Canada, 2021 Census (FSA P6C)
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