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Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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302 Queen Street E, Sault...

Algoma, P6A 1Z1
  • - Bedrooms
  • - Garage
  • - Bathroom
Start From
$ 3,000,000
For Sale

Descripation

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.

Essential Information

  • Price: $3000000
  • For: Commercial
  • Property Types: Commercial Retail
  • Area: SQFT
  • Country:
  • City: Sault Ste Marie
  • Garages:
  • Bedrooms:
  • Bathrooms:
  • Fronting On:
  • Listing ID: X14153112
  • Cross Street: Queen St E & Bruce St
  • Annual Property Tax: $ 79994.78
  • Lot Size:
  • Listing Brokerage: COLLIERS

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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