Mixed-Use Property In St. Catharines

MIXED-USE PROPERTY FOR SALE ST. CATHARINES, ONTARIO (DOWNTOWN AREA) COMMERCIAL/RESIDENTIAL PROPERTY ASKING PRICE $1,439,000 BAR ON MAIN FLOOR PLUS 2 APARTMENTS ON TOP RIGHT IN THE CENTRE OF ST. CATHARINES DOWNTOWN Amazing mixed-use investment in the heart of Downtown St. Catharines. This renovated building offers a well-running bar and restaurant on the main floor and 2 units (one 2-bed, one 1-bed) on the upper floors. All units and the main floor are renovated, and extra space in the basement is available. Excellent high-traffic downtown location, and the property produces a great income yearly. Opportunity for an investor and end-user to acquire a fully rented downtown mixed-use commercial building in St. Catharines. Excellent transit accessibility and quick access to Highway 406 and the QEW. One big commercial + two residential units + basement. A long commercial lease is in place. Excellent rent gives a great cap rate for the property. The commercial rent is set to go up in the near future as per the lease. Boasting 2,041 sq ft of retail plus 877 sq ft for each of the two apartments, plus an unfinished basement of 877 sq ft with a 7.7 ft height for your usage or for your storage.