$326.44 Per Sq Foot $6,442 est/mo Sourced by Back At You

387 St. Paul Street,St. Catharines, ON L2R 3N1

St. Catharines ON, L2R 3N1

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Description

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

Details

MLS#H4199796
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site11
Listing Provided ByRe/Max Escarpment Golfi Realty Inc. | Rob Golfi

Features

SQ Feet3,676
Units10
ZoningC6
Acreage0.08
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.

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Learn More About This Property

ProvinceON
RegionNiagara
CitySt. Catharines
Postal CodeL2R 3N1
Area451 Downtown
Community Name451 Downtown
Listing VS Median (in 451 Downtown)
Price:
$1,200,000
low | high
Med:
$439,495
100% of Average
SqFt:
3,676
low | high
Med:
1,084
100% of Average
$ / SqFt:
$326
low | high
Med:
$407
25.378102374678% of Average
On Site:
11
low | high
Med:
26.500000
41.509433962264% of Average
Sourced by Back At You
Listing Updated: July 12, 2024 at 3:20:25 PM PDT