Nest Seekers

Essential Services Commercial Centre located in the heart of Downtown Sault Ste.

302 Queen Street
Sault Ste Marie P6A 1Z1
Canada

Listing

Web ID:5841799
Website:https://www.nestseekers.com/5841799

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C3,000,000
($2,147,900)
(€1,911,400)
Annual Taxes:C79,994.78

Description

Essential Services Commercial Centre located in the heart of Downtown Sault Ste. Marie, the Property is well positioned in the market with significant local foot traffic and high visibility in one of Northern Ontario's most populated cities. The Property is anchored by a major Pharmacy, which is one of the fastest growing drug store chains in Canada. Representing over 65% of the income for the Property, this tenant is on a long-term lease and is the dominant drug store in Downtown Sault Ste. Marie. Complementary tenants include doctors, lawyers and accountants with long tenure at the Property. Having recently undergone a major capital improvement program and offering rarely available downtown parking, the Property is well positioned to deliver strong performance and provide investors with stable, long-term cash flow.

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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