387 St. Paul Street Sold Invalid date

St. Catharines, L2R 3N1

$1,200,000$000000

Description

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC..

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.

Location

View Map
  • Address: 387 St. Paul Street
  • Neighborhood:
  • City: St. Catharines
  • State: Ontario
  • Postal Code: L2R 3N1

Property Details

  • Property ID: X9032252
  • Property Price: $1,200,000
  • Style: Commercial/Retail, Multi-Use
  • Bath: 5
  • Garage: Single Detached
  • Parking Spaces: 2
  • A/C: Y
  • Basement: Y
  • Heating: Gas Forced Air Closd
  • Taxes: $8,878.00 (2023)
  • Lot: 118.00x31.00 (Feet) - 31.0ft. x 118.68ft. x 32.92ft. x 118.3ft

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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