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MLS® X12461395
Sault Ste Marie, ON
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 North Ontario's most populated cities. The Property is anchored by Neighbourly Pharmacy (operating as I.D.A.), 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.
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Commercial Retail
302* Queen Street E Sault Ste Marie
Sault Ste Marie
Type
Commercial Retail
Parking
Outside/Surface
Property Tax
~$79,994/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
13500 sqft
Parking
Outside/Surface
Finances
List Price
$3,500,000
Price per SQFT
$259/sqft
Property Tax
~$79,994/yr
Property Specs
Property Type
Commercial Retail
MLS Size
13500 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Sault Ste Marie
Listed On
Oct 14, 2025
Days on Market
Current: 389 days
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