302* Queen Street
Sault Ste Marie, ON
13,500 sqft • Commercial Retail • 311 days on market
Essential services commercial centre located in the heart of Downtown Sault Ste. Marie, the Property is well-positioned in the market with significant local foot traffic and high visibility in one of North Ontario's most populated cities. The Property is anchored by Neighbourly Pharmacy (operating as I.D.A.), which is one of the fastest growing drug store chains in Canada. Representing over 65% of the income for the Property, this tenant is on a long-term lease and is the dominant drug store in Downtown Sault Ste. Marie. Complementary tenants include doctors, lawyers and accountants with long tenure at the property. Having recently undergone a major capital improvement program and offering rarely available downtown parking, the Property is well-positioned to deliver strong performance and provide investors with stable, long-term cash flow.
Listing Details
- Taxes (2024)
- $79,994
- Listed
- October 14, 2025
Price History
Property
- Lot Size
- 55.34 x 131.9 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Queen Street East & Bruce Street
- Zoning
- B6
- Parcel Number
- 315420390
- Possession
- Other
Commercial
- Business Type
- Service Related
- Occupancy
- Tenant
- Office / Apartment Area
- 6912 Sq Ft
Community
Postal area P6A
- Population
- 33,800
- Private dwellings
- 16,498
- Median age
- 47.2
- Average household size
- 2.2
- Median household income
- $78,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Sault Ste Marie · last 12 months
- Median sold price
- $343,166
- Homes sold
- 12
- Median days on market
- 28
- Sale-to-list price
- 95.2%
Based on 12 recorded sales of commercial properties in Sault Ste Marie over the last 12 months.
Listed by
COLLIERS