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$1,795,000
Available - For Sale
Listing ID: X12421403
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.
Price $1,795,000
Taxes: $19,600
Tax Type: Annual
Occupancy by: Owner+T
Address: 5 Race Stre , St. Catharines, L2R 3M1, Niagara
Postal Code: L2R 3M1
Province/State: Niagara
Directions/Cross Streets: Geneva and Race
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Office
Building Percentage: T
Total Area: 6,500
Total Area Code:  Square Feet
Office/Appartment Area: 90
Office/Appartment Area Code: %
Area Influences: Major Highway   Public Transit
Approximatly Age: 16-30
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE

5 Race Stre , St. Catharines, L2R 3M1, Niagara


 
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At a Glance:
Type: Com - Office
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 451 - Downtown
Style:
Lot Size: x 85.00(Feet)
Approximate Age: 16-30
Tax: $19,600
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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