$1,200,000

Commercial For Sale In Downtown St. Catharines, St. Catharines, Ontario

$1,200,000

Property Information:

6.5 Cap! Invest in the heart of downtown St. Catharines with this exceptional mixed-use building located on the bustling main road of the downtown core. Featuring two well-maintained commercial storefront units with excellent tenants, and nine consistently occupied residential units designed for comfortable urban living, this property offers an excellent blend of retail and residential income. With parking space for four cars at the back of the building, a rare and valuable feature in the downtown area, this property boasts great cash flow (6.5 Cap) and stability, making it an attractive investment opportunity. The prime downtown location ensures high visibility, strong tenant history, and promises better-than-average growth and appreciation for years to come. Don’t miss out on this unique opportunity to own a versatile and profitable property in the vibrant downtown core of St. Catharines. Contact us today for more details and to schedule a viewing. Contact Listing agent for Financials (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Commercial Mix
  • Fire Protection: Fire alarm system, Smoke Detectors
  • Heating Type: Forced air
  • Cooling Type: Air Conditioned
  • Appliances: Refrigerator, Stove

Property Features:

  • Property Type: Retail
  • Access Type: Highway access
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 118.0 Feet
  • Lot Frontage: 31.0 Feet
  • Lot Size: 31.0ft x 118.68ft x 32.92ft x 118.3ft
  • Zoning: C6
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX Escarpment Golfi Realty Inc.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.