Sault Ste Marie, ON P6A1Z1 302* Queen Street E
$3,500,000



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Presented By: COLLIERS
Home Details
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.
Presented By: COLLIERS
Interior Features for 302* Queen Street E
Bedrooms
Bedrooms
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)Yes
Elevator?No
Fireplace Y/NNo
Heating Y/NNo
General for 302* Queen Street E
Attached Garage No
Building Area UnitsSquare Feet
Business TypeService Related
CitySault Ste Marie
CoolingYes
CountyAlgoma
Garage Y/NNo
Heater TypeGas Forced Air Closed
Legal DescriptionPLAN 327 LOT 19 LOT 20*
Lot Depth131.9
Lot Size UnitsFeet
New ConstructionNo
Occupancy TypeTenant
Property Attached Y/NNo
Property SubtypeCommercial Retail
Property TypeCommercial
Security FeaturesYes
Senior Community Y/NNo
SewerSanitary+Storm
Standard StatusActive
StatusNew
Tax Annual Amount79994.0
Tax Year2024
UtilitiesYes
Exterior for 302* Queen Street E
Building Area Total13500.0
Garage TypeOutside/Surface
SpaNo
Waterfront Y/NNo
Additional Details
Deep Singh
Sales Representative
SQFT • 13,500