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:13843)
| MLS # | X13860828 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 16 |
| Listing Provided By | ROYAL LEPAGE NRC REALTY | Doug Mcnaughton |
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 8,471 |
| Zoning | C6 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 13996.32 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | St. Catharines (Downtown) |
| Postal Code | L2R3M9 |
| Listing VS Median (in L2R3M9) | |
Price: $1,095,000 low | high Med: $1,095,000 sqft: 8,471 low | high Med: 8,471 $ / sqft: $129 low | high Med: $129 On site: 16 low | high Med: 16 | |
| Province | ON |
|---|---|
| City | St. Catharines (Downtown) |
| Postal Code | L2R3M9 |
| Listing VS Median (in L2R3M9) | |
Price: $1,095,000 low | high Med: $1,095,000 sqft: 8,471 low | high Med: 8,471 $ / sqft: $129 low | high Med: $129 On site: 16 low | high Med: 16 | |