387 St. Paul Street St. Catharines, Ontario L2R 3N1
$1,200,000
6.5 Cap! Invest in the heart of downtown St. Catharines with this exceptional mixed-use building located on the bustling main road of the downtown core. Featuring two well-maintained commercial storefront units with excellent tenants, and nine consistently occupied residential units designed for comfortable urban living, this property offers an excellent blend of retail and residential income. With parking space for four cars at the back of the building, a rare and valuable feature in the downtown area, this property boasts great cash flow (6.5 Cap) and stability, making it an attractive investment opportunity. The prime downtown location ensures high visibility, strong tenant history, and promises better-than-average growth and appreciation for years to come. Don’t miss out on this unique opportunity to own a versatile and profitable property in the vibrant downtown core of St. Catharines. Contact us today for more details and to schedule a viewing. Contact Listing agent for Financials (id:56248)
Property Details
| MLS® Number | H4199796 |
| Property Type | Retail |
| AmenitiesNearBy | Public Transit |
| ParkingSpaceTotal | 4 |
Building
| Appliances | Refrigerator, Stove |
| CoolingType | Air Conditioned |
| FireProtection | Fire Alarm System, Smoke Detectors |
| HeatingType | Forced Air |
| SizeExterior | 3676 Sqft |
| SizeInterior | 3676 Sqft |
| Type | Commercial Mix |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 118 Ft |
| SizeFrontage | 31 Ft |
| SizeIrregular | 31.0ft X 118.68ft X 32.92ft X 118.3ft |
| SizeTotalText | 31.0ft X 118.68ft X 32.92ft X 118.3ft |
| ZoningDescription | C6 |
https://www.realtor.ca/real-estate/27153818/387-st-paul-street-st-catharines
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July 12 2024 07:19:43
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Golfi Realty Inc.