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$3,500,000
For Sale
302* Queen Street E, Sault Ste Marie, ON P6A 1Z1
Sault Ste Marie, ON P6A 1Z1
Property Sub Type
Commercial Retail
Property Type
Commercial
Property Use
Multi-Use
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 North Ontario's most populated cities. The Property is anchored by Neighbourly Pharmacy (operating as I.D.A.), 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.
