$ 499,000

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)
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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

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