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:13843)
| MLS # | SM262770 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 14 |
| Listing Provided By | Remax Sault Ste. Marie Realty Inc. | Drew Butkovich |
| SQ Feet | 5,081 |
|---|---|
| Acreage | 1.12 |
| Heating | Natural gas |
|---|---|
| Fireplace Yes / No | No |
| Foundation Details | Poured Concrete |
|---|
| Parking Features | Surfaced |
|---|
| Utilities | Natural Gas, Electricity, Cable, Telephone |
|---|---|
| Sewer | Municipal sewage system |
| Water Source | Municipal water |
| Tax Annual Amount | 21375.68 |
|---|
| Province | ON |
|---|---|
| City | Sault Ste. Marie |
| Postal Code | P6B3K7 |
| Listing VS Median (in P6B3K7) | |
Price: $649,900 low | high Med: $649,900 sqft: 5,081 low | high Med: 5,081 $ / sqft: $128 low | high Med: $128 On site: 14 low | high Med: 14 | |
| Province | ON |
|---|---|
| City | Sault Ste. Marie |
| Postal Code | P6B3K7 |
| Listing VS Median (in P6B3K7) | |
Price: $649,900 low | high Med: $649,900 sqft: 5,081 low | high Med: 5,081 $ / sqft: $128 low | high Med: $128 On site: 14 low | high Med: 14 | |