Exceptional investment opportunity at 373-377 McNabb Street! This fully occupied mixed-use property features five commercial units and two residential units, providing a diversified and established income stream. All commercial and residential tenants pay their own utilities, with separate hydro and gas meters, resulting in minimal utility expenses for the landlord. The property has benefited from numerous improvements, including new rear stair systems, a composite garbage and recycling enclosure, mechanical upgrades, a security camera system, and modernized interiors and finishes. With approximately 31 on-site parking spaces, strong existing occupancy, and future revenue growth opportunities, this well-maintained, turn-key property represents an excellent opportunity for an investor looking to acquire a solid income-producing asset in Sault Ste. Marie. Don't miss out - Book your viewing today! (id:13843)
| MLS # | SM262703 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 30 |
| Listing Provided By | Remax Sault Ste. Marie Realty Inc. | Jim Clemente |
| SQ Feet | 6,455 |
|---|---|
| Basement | Y |
| Heating | Forced air, Natural gas |
|---|---|
| Fireplace Yes / No | No |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 26658 |
|---|
| Province | ON |
|---|---|
| City | Sault Ste. Marie |
| Postal Code | P6B1Y9 |
| Listing VS Median (in P6B1Y9) | |
Price: $929,000 low | high Med: $929,000 sqft: 6,455 low | high Med: 6,455 $ / sqft: $144 low | high Med: $144 On site: 30 low | high Med: 30 | |
| Province | ON |
|---|---|
| City | Sault Ste. Marie |
| Postal Code | P6B1Y9 |
| Listing VS Median (in P6B1Y9) | |
Price: $929,000 low | high Med: $929,000 sqft: 6,455 low | high Med: 6,455 $ / sqft: $144 low | high Med: $144 On site: 30 low | high Med: 30 | |