67 St Paul Street, St. Catharines, ON L2R 3M3

$1,439,000

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List Price
$1,439,000
MLS#
X13663060
Status
ACTIVE
Type
Commercial
SubType
Commercial Retail
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
451 - Downtown
Subdivision
St Paul Street / Ontario Street

Property Description

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.

Additional Information

Taxes
$12,400
Heat Type
Gas Forced Air Closed
Air Conditioning
Partial
Lot Depth
124
Garage Type
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 SKYLARK REAL ESTATE LTD..