Investment Opportunity! Exceptional mixed-use commercial building situated along one of St. Catharines' most sought-after business corridors. Offering approximately 6,800 sq. ft. of well-maintained space, this income-producing property presents an outstanding opportunity for investors seeking stable cash flow and long-term appreciation. This two-storey building offers a versatile layout featuring multiple private offices, eight bathrooms, kitchenettes, storage and two spacious warehouse areas with 10' x 10' shipping doors, accommodating a variety of commercial tenants and business operations. A standout feature is the beautifully renovated (2018) second-floor residential apartment, complete with 1 bedroom, 2 bathrooms, in-suite laundry, ample storage, and a dependable long-term tenant, providing an additional diversified income stream. Situated on a good size lot with ample on-site parking, the property benefits from outstanding visibility, strong street presence and convenient access to the QEW, ensuring seamless connectivity for employees, customers, and deliveries. Additional features include forced-air gas heating and central air conditioning for year-round comfort. Zoned E1 - Business Commercial Employment, this property permits a broad range of uses including office, retail, restaurant, light industrial, residential, recreational facilities, animal care services, and many other commercial applications. This is a rare opportunity to acquire a high-visibility, investment property with a 6% cap rate, in a prime commercial location with excellent tenant appeal, flexible zoning, and strong long-term income potential. (id:13843)
| MLS # | X13841062 |
|---|---|
| Listing Type | For Sale |
| Style | Offices |
| Status | Active |
| Days On Site | 32 |
| Listing Provided By | BOLDT REALTY INC., BROKERAGE | Ted Boldt |
| Bath(s) | 8 Total |
|---|---|
| SQ Feet | 6,800 |
| Zoning | E1 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Dishwasher, Dryer, Microwave |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 22790 |
|---|
| Province | ON |
|---|---|
| City | St. Catharines (Lakeport) |
| Postal Code | L2N1K9 |
| Listing VS Median (in L2N1K9) | |
Price: $1,768,500 low | high Med: $1,768,500 sqft: 6,800 low | high Med: 6,800 $ / sqft: $260 low | high Med: $260 On site: 32 low | high Med: 32 | |
| Province | ON |
|---|---|
| City | St. Catharines (Lakeport) |
| Postal Code | L2N1K9 |
| Listing VS Median (in L2N1K9) | |
Price: $1,768,500 low | high Med: $1,768,500 sqft: 6,800 low | high Med: 6,800 $ / sqft: $260 low | high Med: $260 On site: 32 low | high Med: 32 | |