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Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $6,384
Days Active 5
Approx. Age 1900
MLS® Number 40739448

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Discover a fantastic investment opportunity at 119 Water Street South, St. Marys—a well-maintained commercial property offering a blend of business and residential income streams in a prime location. This tenanted building features a thriving main-floor business and two one-bedroom apartments above, making it a versatile, turn-key investment with excellent potential for income growth. The property boasts ample parking options, including three garage spaces and surface parking for up to 11 cars, providing convenience for tenants and their patrons. Located in a high-visibility area of St. Marys, the building benefits from its strategic location, ensuring consistent foot traffic and exposure for the commercial tenant, while being equally convenient for the residential tenants. Both apartments above the commercial space are well-kept, offering comfortable living quarters with a steady rental income. The building has been thoughtfully maintained, with long-term tenants who take pride in their spaces. Whether you're a seasoned investor or new to the market, this property represents a hassle-free addition to your portfolio, offering immediate returns and potential for future appreciation. St. Marys is known for its charm, growing community, and vibrant local economy, making it an ideal setting for a property like this. The demand for mixed-use buildings in such well-situated areas continues to rise, and the ability to attract quality tenants ensures that this property remains a reliable income generator. With the groundwork already in place and room to increase revenues, this is your chance to acquire a lucrative investment property that’s ready to perform from day one. Don't miss this unique opportunity to own a well-maintained, versatile commercial and residential property in the heart of St. Marys.Show Description
MLS® Number40739448
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorStorage
GarageNo
Approx. Age1900
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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