7 Water Street, Little Current
INVESTOR ALERT – PRIME LITTLE CURRENT LOCATION | 7.5% CAP | UNDER $500,000 | VTB AVAILABLE Offered at under $500,000 with Seller VTB financing available. Approximate 7.5% cap rate based on current income. Mixed-use commercial property located in downtown Little Current on Water Street, Manitoulin Island’s primary commercial corridor. Steps from the town docks and North Channel waterfront. 100% occupied with stable tenants and consistent income. Potential for rent optimization and operational improvements. Located in a high-traffic, central commercial area with strong visibility and foot traffic. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 7 Water Street, Little Current
- Type
- Commercial
- Lot Size
- 117.73
- Heating
- Heat Pump
- Exterior
- Siding
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 7 Water Street
Active Listings
15
Min Price
$49,900
Max Price
$1,449,000
Avg Price
$455,287
Days on Market
160
days
Sold Listings
2
Min Sold Price
$550,000
Max Sold Price
$649,900
Avg Sold Price
$599,950
Days until Sold
184
days
Price History
Listed
May 15, 2026
by MALLETTE-GORING INC., BROKERAGE
Current Price
$499,000
-9.3% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $499,000 | $50,999 (-9.3%) |
| May 15, 2026 | $549,999 | Listed |
Contact Agent Get in touch about 7 Water Street, Little Current
JUSTIN MUZZATTI
MALLETTE-GORING INC., BROKERAGE