Discover a fantastic investment opportunity at 119 Water Street South, St. Marys-a well-maintained commercial property featuring a blend of business and residential income streams in a prime location. This tenanted building includes a thriving main-floor business and two one-bedroom apartments above, making it a versatile, turn-key investment with excellent potential for income growth. The property boasts ample parking options, including three garage spaces and surface parking for up to 11 cars, providing convenience for tenants and their patrons. Located in a high-visibility area, the building benefits from its strategic setting, ensuring consistent foot traffic and exposure for the commercial tenant, while remaining equally convenient for the residential tenants. Both apartments above the commercial space are well-kept, providing comfortable living quarters with steady rental income. The building has been carefully maintained, with long-term tenants who take pride in their spaces. Whether you're a seasoned investor or new to the market, this property represents a hassle-free addition to your portfolio, delivering immediate returns and potential for future appreciation. St. Marys is known for its charm, growing community, and vibrant local economy, making it an ideal setting for a property like this. Demand for mixed-use buildings in well-situated areas continues to rise, and the ability to attract quality tenants ensures that this property remains a reliable income generator. With the groundwork already in place and room to increase revenues, this is your chance to acquire a lucrative investment property that's ready to perform from day one. Don't miss this rare opportunity to own a well-maintained, versatile commercial and residential property. (id:58753)
- MLS® X12872080
- Date Listed03/11/2026
- Days on Realty 249 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Property Type Office
- Water Public
- Square Feet 1,986 sq. ft
- Price Per Sq. Ft $284.49
Interior Features
- Appliances Water Heater
- Cooling Fully air conditioned
- Heating Forced air
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Directions
Cross Streets: Park Street. ** Directions: Queen Street E. to Water Street.
Sales & Tax History
Source: Public Records
Local Neighborhood Highlights for N4X1C9
Discover key demographics, population statistics, and environmental insights for the St. Marys, ON area.
77/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
40/100
Bikable
Bike Score ®
Overview
Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 11/100, Transit Score: 0/100, Bike Score: 19/100.
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Frequently Asked Questions for 119 WATER STREET S
Source: Realty.com
119 WATER STREET S, St. Marys, ON N4X1C9 in St. Marys, ON N4X1C9 is a office listed at $565,000. Highlights include 1,986 sq. ft., $284 per sq. ft.. Realty.ca has 31 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 31 photos of 119 WATER STREET S.
The full address for this home is 119 WATER STREET S, St. Marys, ON N4X1C9.
119 WATER STREET S has been listed on Realty.com since Wed March 11, 2026
Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 11/100, Transit Score: 0/100, Bike Score: 19/100.
Listing provided courtesy of:
REAL BROKER ONTARIO LTD.
Listing agent:
JASON O'KEEFE
This content last refreshed on 2026-11-15 02:22:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.