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MLS® X12793352

  • Key Facts
  • Description
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Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $173,226
Days Active 2
Approx. Age 
MLS® Number X12793352

Property Address: 691-709 Pine Street, Sault Ste Marie, ON, P6B3G2

Average square foot calculated using Size range provided by listing agent.

Description

Prime opportunity to acquire a fully stabilized, 100% occupied, grocery-anchored plaza in the heart of Sault Ste. Marie. Pine Plaza is a well-established neighborhood retail Centre comprising approximately 42, 455 sq. Ft., anchored by a top-performing national grocery tenant with long-term lease options, providing exceptional income stability and consistent foot traffic. The plaza features a diverse tenant mix of retail, service, and food users, creating a strong daily-needs destination for the surrounding community. A favorable lease expiry profile with a Weighted Average Lease Term (WALT) of approximately 3.65 years. The 2023 renovation was more than facade; units 2, 3, 4, 5 new vanilla shells; units 2-8 all new rooftop HVACs. Strategically located on Pine Street, a major arterial corridor, the asset benefits from excellent visibility, accessibility, and strong surrounding residential density. Freehold ownership, established tenancy, and built-in upside through rental growth and future re-tenanting opportunities make this an ideal investment for both private and institutional buyers seeking a core-plus retail asset with resilient fundamentals.Show Description
MLS® NumberX12793352
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
691-709 Pine Street, Sault Ste Marie, ON

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