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$ 839,000
Est. payment | /mo
1,320 SqFt
$ 839,000
Est. payment | /mo
1,320 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $635
MLS Listing ID X9386059
Annual Tax Amount $2,917
Tax Year 2023
Property Description
Discover an exciting pre-construction opportunity in the heart of downtown St. Catharines! With mixed-use zoning, this property offers exceptional flexibility for the new owner! The current design plan features modern, state-of-the-art construction with a commercial space on the main level and two luxury apartments on the second level. However, it can easily be converted into a 4-plex, giving future owners the option to customize the space to suit their needs. With city permits already in place, you're ready to start the project right away. Architectural drawings, a current survey, and a completed servicing report are all included. Originally built in 1910, the property currently serves as a 2-storey home with 3 bedrooms, 2 bathrooms, a living room, kitchen, dining room, an unfinished basement for ample storage, and 2 parking spots. The home features a waste stack replaced in 2022, a furnace installed in 2000, an A/C serviced in 2023, and a roof that is 10-15 years old. The current set-up provides rental potential to generate income while you finalize your plans. This prime location is ideally situated near the Meridian Centre which is home to the IceDogs and River Lions, the FirstOntario Performing Arts Centre, and a myriad of fantastic shops, restaurants, and local boutiques. The location offers excellent connectivity with access to the 406 and QEW, as well as proximity to Brock University and Niagara College, the Go Train, and major shopping areas. Dont miss out on this unique opportunity to invest in the vibrant future of downtown St. Catharines!
Location
Province ON
County Niagara
Community Major Highway, Public Transit
Interior
Cooling Yes
Exterior
Garage Spaces 2.0
Community Features Major Highway, Public Transit
Utilities Available Available
Parking Type None
Others
Security Features No
Listed by ROYAL LEPAGE NRC REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN