$1,200,000
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310 St. Paul Street, St. Catharines (451 - Downtown), ON L2R3M9

- Beds
0 Baths
8,483 Sq Ft

TREMENDOUS INVESTMENT OPPORTUNITY: ATTRACTIVE VTB MORTGAGE AT 8% FOR UP TO TWO YEARS WITH 300, 000 DOWN PAYMENT. ALSO THE INSURANCE IS ALREADY IN PLACE FOR THE NEW OWNER WITH A QUICK ASSIGNMENT. \r\n \r\nPotential income:\r\nExisting tenant commercial $1, 510/mo or $18, 120 per year (net rent)\r\nNew Tenant for restaurant $4, 000/mo or $48, 000 per year (net rent)\r\nNew residential tenants (4) $8, 000/mo or $96, 000 per year (after renovations) gross\r\nTOTAL POTENTIAL RENT $13, 510/MO OR $162, 000 PER YEAR AFTER RENOVATIONS\r\n\r\nIn the vibrant heart of Downtown St. Catharines, THIS PRIME PROPERTY OFFERS AN EXCEPTIONAL INVESTMENT OPPORTUNITY. It features two commercial units on the ground floor, including a thriving restaurant and bar (estimated value over $200, 000) with two upper-level apartments, each unit is equipped with its own gas furnace and separate hydro meters. The property also includes a full basement. 12' Restaurant ceiling, Roof restored, Residential flat roofing 2010. All municipal services, ensuring convenience for both owners and tenants. While the apartments need updating and conversion costs to return to four units, the propertys strategic location ensures high visibility and accessibility, with parking at the rear for 10 vehicles and the potential to add more apartment units, this mixed-use property is poised for significant value appreciation and long-term profitability. DONT MISS THE CHANCE TO INVEST IN A CORNERSTONE OF ONE OF NIAGARAS MOST DYNAMIC MARKETS. (id:55598)

  • MLS® X9413152
  • Date Listed09/17/2024
  • Days on Realty 59 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Other
  • Subdivision 451 - Downtown
  • Property Type Other
  • Water Public
  • Square Feet 8,483 sq. ft
  • Price Per Sq. Ft $141.46

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / L2R3M9

Source: Walkscore

96/100

Walker's Paradise

Walk Score ®

61/100

Good Transit

Transit Score ®

72/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

36 nearby routes: 36 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 34/100, Bike Score: 50/100.

Points of interest near 310 ST. PAUL STREET, St. Catharines (451 Downtown), ON L2R3M9

Frequently Asked Questions for 310 ST. PAUL STREET

Source: Realty.com

310 ST. PAUL STREET, St. Catharines (451 Downtown), ON L2R3M9 is a Other, Business Opportunity property listed for $1,200,000 The property is 8483 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 5 photos of 310 ST. PAUL STREET.

The full address for this home is 310 ST. PAUL STREET, St. Catharines (451 Downtown), ON L2R3M9.

310 ST. PAUL STREET has been listed on Realty.com since Tue September 17, 2024

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 34/100, Bike Score: 50/100.

Listing provided courtesy of: ROYAL LEPAGE NRC REALTY (tel: (905) 688-4561)
Listing agent: Doug Mcnaughton (tel: (905) 688-4561)

This content last refreshed on 2024-11-15 01:52:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 310 ST. PAUL STREET, St. Catharines (451 Downtown), ON L2R3M9 : MLS® X9413152