167-173 Gore Street, Sault Ste Marie, ON P6A 1M3

  • $899,900
167-173 Gore Street, Sault Ste Marie, ON P6A 1M3
Active For Sale
167-173 Gore Street, Sault Ste Marie, ON P6A 1M3
167-173 Gore Street, Sault Ste Marie, ON P6A 1M3
  • $899,900

Overview

Property ID: HZX9233426
  • Investment, Commercial
  • Property Type
  • 9000
  • Sqft

Description

A prime investment opportunity, this well-maintained building offers close to 9,000 sq. ft. of rentablespace. The main floor, currently vacant and zoned commercial, awaits your vision. The second floorfeatures 9 residential 1 bedroom apartments, each generating $1,180/month in rent plus heat andelectric. With a current monthly income of $10,620, the property is occupied by quality tenants,fostering a safe and secure community. Recently rebuilt with engineering and city permits, encapsulatingmasonry, windows, framing, electrical, plumbing, fire-rated drywall, and insulation. The building alsofeatures separate meters and minimal maintenance. This property offers security in a highly attractivecap rate alongside robust cash flow. Priced to sell.

  • Address 167-173 Gore Street
  • City Sault Ste Marie
  • State/county ON
  • Zip/Postal Code P6A 1M3

Details

Updated on August 2, 2024 at 2:24 am
  • Property ID: HZX9233426
  • Price: $899,900
  • Property Size: 9000 Sqft
  • Garage Size: x x
  • Property Type: Investment, Commercial
  • Property Status: Active, For Sale

Additional details

  • Utilities: Yes
  • Sewer: Storm
  • Cooling: No
  • County: Algoma
  • Property Type: Commercial Sale

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