Property for sale in St. Catharines (Downtown), Ontario. Listed at $1,439,000.
3795 sq ft
MLS® 30142097
Amazing mix-use investment in the heart of Downtown St. Catherines. This renovated building offers a good running bar business cum restaurant on the main floor and 2 units (1-2 Bed, 1-1 Bed) on the upper floors. All units and the main floor are renovated and an extra space in the basement is available. Excellent high traffic downtown location, and the property produces a great income yearly. Opportunity for investor and end user to acquire a fully rented downtown mix-use commercial building in St.Catherines. Excellent transit accessibility and quick access to highway 406 and QEW. 1 big commercial + 2 residential units + basement. Long commercial lease in place. Excellent rent in place give a great cap rate for the property. Commercial rent to go up in the near future as per the lease. Boosting 2041 sqft of retail plus 877 sqft of two apartments each plus unfinished basement of 877 sqft with 7.7ft height for your usage or for your storage. (id:27495)
Listing courtesy of CENTURY 21 SKYLARK REAL ESTATE LTD. · SALIL DALLA
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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