For sale 50$649,900
347 Lake St
Sault Ste. Marie, Ontario P6B3K7
For sale· Added
About this home
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.
Location
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Property details
Listing
- MLS® number
- SM262770
- Added
- Oct 7, 2026 ()
- Updated
- Oct 7, 2026 ()
- Info refreshed
Overview
- Property type
- Other
Inside
- Heating
- Natural gas
- Fireplace
- No
Building
- Exterior
- Siding
- Foundation
- Poured Concrete
- Parking
- Surfaced
- Amenities
- Street Lighting
Land
- Frontage
- 180 ft
- Lot area
- 1.12 acres
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Natural Gas, Electricity, Cable, Telephone
Location
- Nearby
- Bus Route
Running costs
- Annual property tax
- $21,376
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