347 Lake St - Retail FOR SALE


Sault Ste. Marie, ON P6B 3K7
$649,900 CAD
249-493-5170
347 Lake St, Sault Ste. Marie, ON for Sale
$649,900 CAD
Retail - FOR SALE
1/15
null | Request Cap Rate

Mar '27


347 Lake St
Sault Ste. Marie, ON P6B 3K7


OVERVIEW

Exceptional opportunity to own a fully leased commercial property in a high-traffic location on Lake Street—one of Sault Ste. Marie’s key commercial corridors. Surrounded by national retailers, service businesses, and professional offices, this site offers excellent visibility and long-term value. Leased to a reputable tenant on a triple net lease through Q1 2027, with two five-year renewal options (rates to be negotiated). The main building offers 4,000+ sq. ft. with 6 offices on the main level, additional offices and a boardroom upstairs. A second structure features a loading bay with overhead door and storage space. The 1+ acre lot includes ample parking and a fenced yard for vehicles or equipment.

FOR SALE DETAILS

PRICE

$649,900 CAD

PRICE/SF

$128 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

-

APN/PARCEL ID

576102000800300

ASK ABOUT THIS PROPERTY

Drew ButkovichRe/Max Sault Ste. Marie Realty Inc.More Info
249-493-5170

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Drew ButkovichRe/Max Sault Ste. Marie Realty Inc.More Info
249-493-5170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.