14 - 16-20 Queen Street St. Catharines, Ontario L2R 5G3
$2,999,900
FANTASTIC INVESTMENT OPPORTUNITY 35,000 SQUARE FEET OF MIXED-USE COMMERCIAL/ RESIDENTIAL SPACE IN THE HEART OF DOWNTOWN! Opportunity for the savvy investor to transform this building into proposed 18-unit building (6 commercial, 12 residential, PLUS additional 6 storage units in the basement). Huge upsideProjected value of $6,500,000 at 5.5% cap rate, upon completion. Property is vacant for immediate use/ construction, and a record of site condition (RSC) is available. Current zoning is C5. Option to purchase 14 Queen Street/ 16-20 Queen Street separately. Close to highways, Brock University, and to the trendiest area in St. Catharines. Proforma available upon request. (id:35660)
Business
| Business Type | Other, Retail and Wholesale |
Property Details
| MLS® Number | H4091254 |
| Property Type | Retail |
| Amenities Near By | Public Transit |
Building
| Basement Type | None |
| Cooling Type | Air Conditioned |
| Fire Protection | Unknown |
| Fireplace Present | No |
| Heating Type | Boiler |
| Size Interior | 35460 |
| Type | Retail |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 152 Ft |
| Size Frontage | 100 Ft |
| Size Irregular | 100.26 X 152.01 |
| Size Total Text | 100.26 X 152.01 |
| Zoning Description | C5 |
https://www.realtor.ca/real-estate/22509638/14-16-20-queen-street-st-catharines
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
REALTORS® Association of Hamilton-Burlington
Royal LePage Burloak Real Estate Services
October 20 2020 10:10:37
