5 Race ST new

St. Catharines,ON L2R 3M1

$ 1950000

- Bed

- Bath

6500 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $300

Subdivision 451 - Downtown

MLS Listing ID X12156727

Building Age 16-30

Annual Tax Amount $19,600

Tax Year 2024

Property Sub-Type Office

Property Description

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.

Location

Province ON

County Niagara

Community 451 - Downtown

Area Niagara

Interior

Cooling Yes

Exterior

Community Features Major Highway,Public Transit

Utilities Available Yes

Others

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