$1,249,999
Fully Air Conditioned
Forced Air
Turnkey mixed-use investment opportunity in the heart of downtown St. Marys. This fully tenanted property features a main-level national retail tenant under a long-term lease, providing stable and predictable income. The upper level includes a fully renovated 2-bedroom residential unit currently operating as a short-term rental, with flexibility for continued use, long-term tenancy, or owner occupancy (subject to applicable regulations). Additional unfinished space offers the potential to create a one-bedroom residential unit (buyer to verify), providing an opportunity to increase future income. Located on a prominent corner lot in the downtown core, the property benefits from strong visibility, walkability, and year-round tourism activity that supports rental demand. Approximate 4.5% cap rate with upside potential. Financial details available upon request for pre-qualified buyers. Please do not go direct. Contact your REALTOR for more information. (id:36109)
Property Details
|
MLS® Number
|
X12699368 |
|
Property Type
|
Business |
|
Community Name
|
St. Marys |
|
Equipment Type
|
Water Heater |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
3 |
|
Age
|
100+ Years |
|
Appliances
|
Dishwasher |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
3,800 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
56 Ft |
|
Size Frontage
|
42 Ft ,2 In |
|
Size Irregular
|
42.18 X 56 Ft |
|
Size Total Text
|
42.18 X 56 Ft |
|
Zoning Description
|
C1-1 |