Well-maintained, fully leased investment opportunity located in a busy commercial corridor in St. Catharines. Several recent building improvements. WALT of 2.9 years remaining and cap rate of 6.25%. All tenants have lease agreements with rent escalations and options to extend, offering stable income. Ample on-site parking and the current zoning offers a wide range of permitted uses. Contact listing agent for more information and financials. (id:35544)
MLS® Number | X12087505 |
Property Type | Business |
Community Name | 443 - Lakeport |
AmenitiesNearBy | Highway, Public Transit |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeInterior | 7800 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Highway, Public Transit |
SizeDepth | 120 Ft |
SizeFrontage | 187 Ft ,6 In |
SizeIrregular | 0.52 |
SizeTotal | 0.52 Ac |
SizeTotalText | 0.52 Ac |
ZoningDescription | E1 - Business Commercial Employment |