An exceptional opportunity to acquire a solidly built commercial office and mixed-use building in the heart of downtown St. Catharines. This well-maintained property is currently divided into five tenant spaces, including a spacious two-bedroom residential unit that could easily be converted into additional office space. The layout offers strong potential for reconfiguration, with the ability to accommodate six or more individual tenant areas, making it ideal for investors or business owners seeking flexibility and future growth. Located just seconds from the 406 Highway, the property provides excellent accessibility without the congestion of Saint Paul Street. Its proximity to the downtown core allows for easy access to amenities while still offering quick in-and-out convenience for tenants and clients. There are two parking spaces out front and parking for 11+ cars on the Head Street side of the building on a long term lease. All existing tenants are on month-to-month leases, providing immediate income with the freedom to restructure lease terms, adjust rents, or occupy part of the building as needed. This is a rare chance to own a versatile and strategically positioned commercial asset in a growing urban center. With its solid construction, adaptable layout, and unbeatable location, this property represents exceptional value and long-term potential. (id:4069)
Address
5 RACE STREET
List Price
$1,950,000
Property Type
Office
Type of Dwelling
Offices
Area
Ontario
Sub-Area
St Catharines (downtown)
Floor Area
6,500 Sq. Ft.
Lot Size
46.15 x 85 FT Sq. Ft.
MLS® Number
X12156727
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE
Postal Code
L2R3M1
Zoning
M2
Site Influences
Highway, Public Transit
