347 Lake St, Sault Ste Marie

  • Living area: 5081 square feet
  • Type: Commercial
  • Added: 3 months ago
  • Updated: 1 month ago
  • Last Checked: 2 days ago
  • Listed by: Remax Sault Ste. Marie Realty Inc.
  • View All Photos

Listing description
This Commercial listing at 347 Lake St Sault Ste Marie, ON with the MLS Number sm251297 listed by Drew Butkovich - Remax Sault Ste. Marie Realty Inc. on the Sault Ste Marie market 3 months ago at $649,900.

Exceptional opportunity to own a fully leased commercial property in a high-traffic location on Lake Street—one of Sault Ste. Marie’s key commercial corridors. Surrounded by national retailers, service businesses, and professional offices, this site offers excellent visibility and long-term value. Leased to a reputable tenant on a triple net lease through Q1 2027, with two five-year renewal options (rates to be negotiated). The main building offers 4,000+ sq. ft. with 6 offices on the main level, additional offices and a boardroom upstairs. A second structure features a loading bay with overhead door and storage space. The 1+ acre lot includes ample parking and a fenced yard for vehicles or equipment. (id:1945)
Property Details Key information about 347 Lake St
  • Heating: Natural gas
  • Exterior Features: Siding
Exterior & Lot Features Learn about the exterior and lot specifics of 347 Lake St
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Features: Surfaced
  • Lot Size Dimensions: 1.12
Utilities & Systems Review utilities and system installations
  • Sewer: Municipal sewage system
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Nearby Listings Stat Estimated price and comparable properties near 347 Lake St

Active listings
161
Min Price
$22
Max Price
$4,450,000
Avg Price
$463,990
Days on Market
44 days
Sold listings
76
Min Sold Price
$79,900
Max Sold Price
$2,899,000
Avg Sold Price
$495,225
Days until Sold
37 days

Nearby Places Nearby schools and amenities around 347 Lake St

Huron-Superior Catholic District School Board (1.5 km)
90 Ontario Ave, Sault Ste. Marie

Algoma District School Board (2.4 km)
644 Albert St E, Sault Ste. Marie

Sault College (2.6 km)
443 Northern Ave, Sault Ste. Marie

Algoma University (1.5 km)
1520 Queen St E, Sault Ste. Marie

Canadian Bushplane Heritage Centre (2.4 km)
50 Pim St, Sault Ste. Marie

Art Gallery of Algoma (2.8 km)
10 East St, Sault Ste. Marie

North 82 Steak & Beverage Co (2.4 km)
82 Great Northern Rd, Sault Ste. Marie

Sault Ste. Marie Museum (2.5 km)
690 Queen St E, Sault Ste. Marie

Tim Hortons (2.8 km)
542 Bay St, Sault Ste. Marie

Price History

May 29, 2025
by Remax Sault Ste. Marie Realty Inc.
$649,900
347 Lake St
More Details?
  • Drew Butkovich
  • Remax Sault Ste. Marie Realty Inc.
  • 705-989-6466