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$ 1,500,000
Est. payment | /mo
4,900 SqFt
$ 1,500,000
Est. payment | /mo
4,900 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,900 sqft
Price per Sqft $306
Subdivision Sault Ste. Marie
MLS® Listing ID SM252466
Source Sault Ste. Marie Real Estate Board
Property Description
Attention Investors/Entrepreneurs, if you're looking for an income producing property in arguably the best location in Sault Ste. Marie, look no further. This commercial/residential space is host to 4 income producing 2 bedroom apartment suites and a turn key business operation that has generated major success for almost 15 years as a thriving restaurant and continues to do so. All units have their own gas forced air furnaces which are separately metered, their own PUC meters and independent private access. Each unit also has storage spaces to use as desired and there is coin operated laundry on site for additional income and tenant satisfaction. The main floor boasts the most stunning, open floor plan, turn key restaurant operation in they city with seating for 60+ guests as well as a newly, full steel construction front outdoor patio which can host an additional 40 guests. The outdoor patio space was constructed in 2020 and is complete with its own heating system. The restaurant spac was overhauled top to bottom mechanically and cosmetically in 2012 complete with full handicap accessible restrooms, walk in cooler, fully functional commercial kitchen and a complete list of chattels to immediately operate a restaurant of your desire. The vendor is willing to sign a short term month to month lease as well. Selling agent is related to Seller. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Exterior
Parking Features No
Fence Fence
Community Features Bus Route
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Listed by Exit Realty True North
Get More Information
Nest Real Estate Group
Real Estate Team | License ID: 139039