347 Lake ST, Sault Ste. Marie, Ontario, P6B3K7

Property Description

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:64974)

Quick Facts

• Property Type: Other
• Bedrooms: None
• Bathrooms: None
• Living Area: 5,081 sq ft (472.0 m²)
• Lot Size: 1.1200 acres (0.45 ha)
• Frontage: 180 ft (54.9 m)

Costs

• Annual Taxes: $21,375.68

Listing Provided by: Remax Sault Ste. Marie Realty Inc.
Board: Sault Ste. Marie Real Estate Board
Data provided via CREA DDF®.