$1,149,000
196-198 Queen Street East
St. Marys, Ontario N4X1B1
For sale· Added
About this property
Located in a prime high-visibility location in the heart of downtown St. Marys, this fully tenanted 7,000+ sq. ft. mixed-use commercial building offers a strong investment opportunity with multiple income streams already in place. With excellent exposure and a central downtown presence, the property is well positioned for long-term growth and stability. The main level features a spacious commercial unit complete with separate utilities, two bathrooms, and a lunchroom/office area. The upper level includes four two-bedroom, one-bathroom apartments, with two recently renovated, adding to the property's overall appeal. At the rear lower level, a large heated garage with bathroom facilities, generating additional commercial income. Common areas have been recently updated and well maintained, showcasing pride of ownership throughout. A turnkey investment opportunity offering strong visibility, a fully occupied tenant mix, and dependable income in a thriving downtown community. Financial information available upon request.
Location
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Property details
Listing
- MLS® number
- X13161272
- Added
- May 22, 2026 ()
- Updated
- Sep 17, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Fireplace
- No
Building
- Parking
- Other
Land
- Lot size
- 46.15 x 100 ft
- Zoning
- C1
Services
- Water
- Municipal water
Location
- Cross streets
- Queen St E & Peel St S
- Directions
- On the South side of Queen Street across from Tim Hortons.
Running costs
- Annual property tax
- $7,410
Price history
| Sep 17, 2026 | $1,149,000 | ▼ $61,000 |
| Sep 15, 2026 | $1,210,000 | First recorded price |
Price changes since Sep 15, 2026.





