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Exceptional investment opportunity in the heart of downtown St. Marys. This mixed-use property features a main-level national chain tenant secured under a long-term lease, providing stable and reliable income.The upper level offers a fully renovated 2-bedroom residential unit currently operating as a successful owner-managed short-term rental, with flexibility for continued short-term use, conversion to a long-term rental, or personal occupancy.Additional value-add potential exists with unfinished space ready for development into a one-bedroom residential suite, allowing for increased future income.Positioned on a prominent corner lot in a high-traffic, high-growth area, this property benefits from excellent visibility and strong foot traffic. St. Marys is a sought-after destination with year-round tourism, supporting consistent rental demand.Approximate 4.5 cap rate with upside potential through further development. Please do not go direct. Contact your REALTOR for more information. (id:31684)

Home Details for 100 Queen E Street

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