196-198 Queen Street E St. Marys, Ontario N4X 1B1
$1,210,000
Located in a prime high-visibility location in the heart of downtown St. Marys, this fully tenanted 7,000+ sq. ft. mixed-use commercial building offers a strong investment opportunity with multiple income streams already in place. With excellent exposure and a central downtown presence, the property is well positioned for long-term growth and stability. The main level features a spacious commercial unit complete with separate utilities, two bathrooms, and a lunchroom/office area. The upper level includes four two-bedroom, one-bathroom apartments, with two recently renovated, adding to the property's overall appeal. At the rear lower level, a large heated garage with bathroom facilities, generating additional commercial income. Common areas have been recently updated and well maintained, showcasing pride of ownership throughout. A turnkey investment opportunity offering strong visibility, a fully occupied tenant mix, and dependable income in a thriving downtown community. Financial information available upon request. (id:28006)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13163462 |
| Property Type | Multi-family |
| Community Name | St. Marys |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,927 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Parking
| Other |
Land
| Acreage | No |
| Size Depth | 100 Ft |
| Size Frontage | 46 Ft ,1 In |
| Size Irregular | 46.15 X 100 Ft |
| Size Total Text | 46.15 X 100 Ft |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/29792735/196-198-queen-street-e-st-marys-st-marys
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May 22 2026 07:23:11
London and St. Thomas Association of REALTORS®
Sutton Group - Select Realty