31
$565,000 Sale
Listed 215 days ago
119 Water Street S
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Listing History
Buy/Sell/Terminated/Expired listing history for 119 Water Street S
Key Facts
Key facts for 119 Water Street S
Property Type
Commercial
Parking
Double Detached
MLS #
X12872080
Size
-
Basement
-
Listed on
2026-03-11
Lot size
71 x 158.0
Tax
$6,175 /yr
Days on Market
216
Approximate Age
-
Maintenance Fee
-
Description
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.
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Courtesy of: REAL BROKER ONTARIO LTD.