233-239 St. Paul Street, St. Catharines, ON, L2S 2E3

$3,999,990

MLS® # 40782056

Investment For Sale In Downtown St. Catharines, St. Catharines, Ontario

$3,999,990

Property Information:

Prime mixed-use investment opportunity in the heart of downtown St. Catharines. The property features 2 ground-floor commercial units with excellent street exposure and 13 residential apartments above. Well maintained and income-producing, the building offers stable cash flow with upside potential through rental growth and future appreciation. Located along St. Catharines’ main commercial corridor, directly across from the FirstOntario Performing Arts Centre, and surrounded by restaurants, cafés, shops, and new residential developments. Steps to the Meridian Centre, Brock University’s downtown campus, transit, and public parking. Offered at just over a 6% cap rate, this is a turn-key investment in one of Niagara’s most active and rapidly growing downtown markets.

Inclusions: Other

Building Features:

  • Floor Space: 11155 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Brick, Stone, Other
  • Cooling: Central Air, Wall Unit(s)
  • Driveway Parking: None
  • Floor Space (approx): 11155 Square Feet
  • Heating: Baseboard, Forced Air, Natural Gas, Heat Pump
  • Interior Features: Separate Hydro Meters, Other
  • Laundry Features: Coin Operated, Common Area
  • Lot Depth: 90.5 Feet
  • Lot Features: City Lot, High Traffic Area, Highway Access, Public Parking, Public Transit, Schools, Shopping Nearby, Visual Exposure
  • Lot Frontage: 59.00 Feet
  • Roof: Asphalt Shing, Flat, Other
  • Water Source: Municipal
  • Zoning: C6
  • Sewer: Sewer (Municipal)

Courtesy of: Sotheby's International Realty Canada

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