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41 Albert St W

7,388 SF 54% Leased Retail Building Sault Ste. Marie, ON P6A 1B2 $483,762 USD ($65 USD/SF) 13.24% Cap Rate

Retail Space Ontario Sault Ste. Marie 41 Albert St W, Sault Ste. Marie, ON P6A 1B2

Investment Highlights

  • Large Commercial Space with Multiple Overhead Doors
  • Large Paved Lot With 14 Parking Spaces
  • Office with Retail Exposure

Executive Summary

Investment opportunity with incredible potential to operate your business out of, or solely ad to your portfolio as an income generator! This solid built, all block building is approx 7000 sqft and sits on a nice paved lot close to the downtown core, Mall and Mill area. Lots of value in this property! Upstairs offer 4 residential units and the main floor is a large commercial space that has multiple overhead doors, office space and storefront/retail exposure. Large paved lot with 14 parking spaces and newer shingles. This building is well built and generates income immediately with the potential for a gross income of over $92k. Call today for a viewing!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,388 SF
Building Class
C
Year Built
1988
Price
$483,762 USD
Price Per SF
$65 USD
Cap Rate
13.24%
NOI
$64,047 USD
Percent Leased
54%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.30 AC
Parking
14 Spaces (1.89 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,400 SF
  • Retail
  • -
  • Now
41 Albert St W, Sault Ste. Marie, ON for sale Building Photo- Image 1 of 1
Building Photo

Storefront/retail, office and warehouse space all in one! This space is vacant and ready for immediate occupancy offering over 3400 sqft on the main floor with lots of exposure, overhead doors and fantastic parking. Business opportunity awaits with this quality building and space! Close proximity to the US border, Mall, Mill Market, and downtown core. Call today!

Space Size Space Use Position Available
1st Floor 3,400 SF Retail - Now

1st Floor

Size
3,400 SF
Space Use
Retail
Position
-
Available
Now
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41 Albert St W, Sault Ste. Marie, ON for sale Building Photo- Image 1 of 1
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1st Floor

41 Albert St W, Sault Ste. Marie, ON for sale Building Photo- Image 1 of 1
Building Photo
Size 3,400 SF
Space Use Retail
Position -
Available Now

Storefront/retail, office and warehouse space all in one! This space is vacant and ready for immediate occupancy offering over 3400 sqft on the main floor with lots of exposure, overhead doors and fantastic parking. Business opportunity awaits with this quality building and space! Close proximity to the US border, Mall, Mill Market, and downtown core. Call today!

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Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Scotiabank
Tim Hortons
New York Fries
Td Canada Trust
Starbucks
Montana’s BBQ & Bar
RBC Royal Bank
CIBC
(705) 971-7824

Contact

  • Jamie Coccimiglio
    Jamie Coccimiglio
  • Exit Realty True North

  • Listing ID: 34380584

  • Date on Market: 1/6/2025

  • Last Updated:

  • Address: 41 Albert St W, Sault Ste. Marie, ON P6A 1B2

The Retail Property at 41 Albert St W, Sault Ste. Marie, ON P6A 1B2 is currently available for sale. Contact Exit Realty True North for more information.

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41 Albert St W
(705) 971-7824 x

41 Albert St W

Jamie Coccimiglio

(705) 971-7824

(705) 971-7824

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