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MLS® X12872080
St. Marys, ON
Discover a fantastic investment opportunity at 119 Water Street South, St. Marys-a well-maintained commercial property featuring a blend of business and residential income streams in a prime location. This tenanted building includes a thriving main-floor business and two one-bedroom apartments above, making it a versatile, turn-key investment with excellent potential for income growth. The property boasts ample parking options, including three garage spaces and surface parking for up to 11 cars, providing convenience for tenants and their patrons. Located in a high-visibility area, the building benefits from its strategic setting, ensuring consistent foot traffic and exposure for the commercial tenant, while remaining equally convenient for the residential tenants. Both apartments above the commercial space are well-kept, providing comfortable living quarters with steady rental income. The building has been carefully maintained, with long-term tenants who take pride in their spaces. Whether you're a seasoned investor or new to the market, this property represents a hassle-free addition to your portfolio, delivering immediate returns and potential for future appreciation. St. Marys is known for its charm, growing community, and vibrant local economy, making it an ideal setting for a property like this. Demand for mixed-use buildings in well-situated areas continues to rise, and the ability to attract quality tenants ensures that this property remains a reliable income generator. With the groundwork already in place and room to increase revenues, this is your chance to acquire a lucrative investment property that's ready to perform from day one. Don't miss this rare opportunity to own a well-maintained, versatile commercial and residential property.
Inclusions
2 FRIDGES, 2 STOVES, HOT WATER HEATER OWNED, LAWNMOWER.
Exclusions
ALL TENANT BELONGINGS
Broker
REAL BROKER ONTARIO LTD.
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Office
119 Water Street S St. Marys
St. Marys
Type
Office
Parking
Double Detached
Property Tax
~$6,175/yr
Heating
Electric Forced Air
Buying Essentials
Square Feet
1986 sqft
Parking
Double Detached
Finances
List Price
$565,000
Price per SQFT
$284/sqft
Property Tax
~$6,175/yr
Property Specs
Property Type
Office
MLS Size
1986 sqft
Living & Amenities
Heating Type
Electric Forced Air
Policies & Utilities
Neighbourhood
St. Marys
Listed On
Mar 11, 2026
Days on Market
Current: 241 days
Room information is not available for this listing.
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