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$495,000
Est. payment /mo
2,805 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,805 sqft
Price per Sqft $176
Subdivision 451 - Downtown
MLS Listing ID X12294092
Annual Tax Amount $9,750
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Depth 295.73
Lot Front 107.04
Property Description
TURN KEY INVESTMENT OPPORTUNITY IN PRIME LOCATION! Fantastic opportunity to own a commercial condo in the heart of downtown St. Catharines! FULLY LEASED for 5years to AAA tenant. Great commercial investment with a 5% cap rate. A net lease is in place with tenants paying all common fees including escalations. 2,800+ sq. ft. of beautifully appointed office space located in St. Catharines Downtown Core. Bright & spacious open concept work area featuring large windows that allow for plenty of natural light, reception, a large kitchen, and underground parking. Commercial condo is perfect for a variety of businesses, including retail, professional services, or even a small medical practice. Close to restaurants, bars, Courthouse, City Hall, Bus Terminal, Shopping, and so many other amenities.
Location
Province ON
County Niagara
Community 451 - Downtown
Area Niagara
Zoning C5-92
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 107.04
Lot Depth 295.73
Others
Security Features Yes
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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE