536-542 Queen ST, Sault Ste. Marie, Ontario, P6A2A1
MLS: SM261015 | Other
$1,249,900
Property Description
Exceptional mixed-use investment opportunity in a prime downtown location, fully rented and generating over a 10% ROI. This rare offering includes two buildings being sold together, featuring approximately 5,000 sq ft of commercial space across two units with full clean and dry basements, plus over 4,500 sq ft of residential space comprised of four executive-style, fully furnished apartments currently operating as a very successful investment. Extensively restored and renovated with no expense spared, the property showcases high-end finishes throughout and true pride of ownership, including a standout 2,200 sq ft open-concept main apartment. Ample well-lit on-site parking and excellent exposure add to the appeal, with the city’s multi-million dollar Downtown Plaza redevelopment directly across the street, enhancing long-term value and demand. A rare opportunity to acquire a turnkey, income-producing asset in a sought-after location, with full details and financial package available through the listing brokerage.
Quick Facts
- Property Type: Other
- Bedrooms: 0
- Bathrooms: 0
- Living Area: 9,717 sq ft (902.7 m²)
- Frontage: 55 ft (16.8 m)
- Basement: Full
Costs
- Annual Taxes: $19,223.25
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Basement: Full
Exterior & Construction
- Exterior: Brick, Stone, Stucco
- Construction: Concrete block
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 55 ft (16.8 m)
Community & Neighbourhood
- Neighbourhood: Sault Ste. Marie
Listing Information
Listing History
MLS listing activity for 536-542 Queen ST, Sault Ste. Marie, Ontario, P6A2A1 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Mortgage & Cost Calculators
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536-542 Queen ST, Sault Ste. Marie, Ontario, P6A2A1