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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)
Cross Streets: Park Street. ** Directions: Queen Street E. to Water Street.
Source: Public Records
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 ®
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: 21/100.
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0 bds • 0 ba • 1,986 sqft
119 WATER Street S, St. Marys, ON N4X1C9
3 bds • 3 ba • 1,731 sqft
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5 bds • 4 ba • 2,009 sqft
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3 bds • 2 ba • 1,821 sqft
3988 GALT Street, Shakespeare, ON N0B2P0
5 bds • 3 ba • 1,950 sqft
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3 bds • 1 ba • sqft
137 CHURCH STREET N
3 bds • 2 ba • sqft
229 STATION STREET
2 bds • 1 ba • sqft
39 WILLIAM STREET
0 bds • 0 ba • sqft
119 Water Street S, St. Marys ON N4X 1C9
bds • 0 ba • 1986 sqft
119 WATER Street S
3 bds • 1 ba • sqft
130 WELLINGTON STREET S
3 bds • 3 ba • sqft
135 EGAN AVENUE
3 bds • 3 ba • sqft
133 EGAN AVENUE
4 bds • 4 ba • sqft
202 QUEEN STREET W
3 bds • 2 ba • sqft
94 WILLIAM STREET N
3 bds • 2 ba • sqft
211 QUEEN STREET W
3 bds • 1 ba • sqft
86 SALINA STREET N
3 bds • 3 ba • sqft
7 - 165 EGAN AVENUE
3 bds • 2 ba • sqft
165 THOMAS STREET
5 bds • 2 ba • sqft
89 MARKHAM STREET
3 bds • 1 ba • sqft
194 PEEL STREET S
3 bds • 3 ba • sqft
9-165 EGAN AVENUE N
3 bds • 3 ba • sqft
353 QUEEN STREET E
3 bds • 2 ba • sqft
232 THOMAS STREET
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: 21/100.
Listing provided courtesy of:
REAL BROKER ONTARIO LTD.
Listing agent:
JASON O'KEEFE
This content last refreshed on 2026-06-07 08:49:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.