22 MARIE Street South River, ON
$ 399,900
Property Attributes
  • ID#40123313
  • TypeCommercial
  • CitySouth River
  • AreaBarrie and District
  • Postal CodeP0A 1X0
  • Style
  • Price$ 399,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Dylan Jarvis with Keller Williams Experience Realty Brokerage
Data Source:
Property Description

Great investment opportunity in the heart of South River with great corner lot exposure from Highway 124. Operate your own business and have living quarters or have 6 rental incomes. 2 commercial units on the main floor, one 2-bedroom on main floor and three 2-bedroom apartments on the 2nd floor. Apartments rent for $500-$600/month plus tenants pay heat/hydro. Tenants are all in good-standing and would all like to stay. Some have been there 30+ and 10+ years. 2019 numbers were over $54,000 in rental income and netting approximately $40,000 after expenses. As of November 2020, the 2 commercial units on the main floor were combined to form the Guardian Pharmacy which has moved out but was generating $27,600 income. 1800 sq. ft. space in the former library downstairs - could be converted to apartments or rent as retail space. Men/women washrooms adjacent to former library. All units have separate hydro meters. Owner pays water, heat/hydro for common areas and library area. Don't miss your chance to ownthis multi-unit commercial property with great income!

General Features

Parking Spaces 14

Exterior Features

Lot Frontage 138.65
Jumpid 15193272
Mls 40123313


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in P0A 1X0

AVG $400K
AVG 29
Data Provided by Walkscore ® not using MLS data