13-15 SECORD Drive, St. Catharines, ON L2N 1K9

$1,898,000
8
BA

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List Price
$1,898,000
MLS#
X13492874
Status
ACTIVE
Type
Commercial
SubType
Investment
Bathrooms
8
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
443 - Lakeport
Subdivision
Lake Street & Scott Street

Property Description

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.

Additional Information

Taxes
$22,790
Heat Type
Gas Forced Air Closed
Heat Source
Gas
Air Conditioning
Yes
Lot Depth
109
Garage Type
None

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Listing courtesy of BOLDT REALTY INC., BROKERAGE.