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$1,095,000
Est. payment /mo
4 Baths
8,471 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 8471
Square Footage 8,471 sqft
Price per Sqft $129
Subdivision 451 - Downtown
MLS® Listing ID X13860828
Property Description
TREMENDOUS INVESTMENT OPPORTUNITY in the vibrant heart of Downtown St. Catharines! This versatile mixed-use property features two ground-floor commercial units, including a well-established restaurant and bar, plus two upper-level residential apartments with separate hydro meters and individual gas furnaces. The restaurant portion includes furniture, fixtures and equipment, with an estimated value exceeding $200,000. The property offers a full basement, 12 dedicated parking spaces, including 10 at the rear, excellent street exposure, and a restored flat roof. The existing two apartments offer potential for renovation and conversion back to four residential units, creating additional income potential. Municipal services, separate utilities, strong visibility, and a strategic downtown location surrounded by restaurants, retail, services and ongoing development make this an attractive opportunity for investors seeking multiple revenue streams and long-term potential. Restaurant portion of the sale TBD and subject to HST. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
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Listed by ROYAL LEPAGE NRC REALTY
Nearby Locations
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