387 St. Paul St, St. Catharines, Ontario L2R 3N1

  • $1,200,000
387 St. Paul St, St. Catharines, Ontario L2R 3N1
Active
387 St. Paul St, St. Catharines, Ontario L2R 3N1
387 St. Paul St, St. Catharines, Ontario L2R 3N1
  • $1,200,000

Overview

Property ID: X9032252
  • Retail
  • Property Type
  • 5
  • Bathrooms
  • 3676
  • Sqft
  • Address 387 St. Paul St
  • City St. Catharines
  • State/county Ontario
  • Zip/Postal Code L2R 3N1

Description

6.5 Cap! Invest in the heart of downtown St. Catharines with this exceptional mixed-use building located on the bustling main road of the downtown core. Featuring two well-maintained commercial storefront units with excellent tenants, and nine consistently occupied residential units designed for comfortable urban living, this property offers an excellent blend of retail and residential income. With parking space for four cars at the back of the building, a rare and valuable feature in the downtown area, this property boasts great cash flow (6.5 Cap) and stability, making it an attractive investment opportunity. The prime downtown location ensures high visibility, strong tenant history, and promises better-than-average growth and appreciation for years to come. Don’t miss out on this unique opportunity to own a versatile and profitable property in the vibrant downtown core of St. Catharines.

Details

Updated on July 12, 2024 at 3:42 pm
  • Property ID: X9032252
  • Price: $1,200,000
  • Property Size: 3676 Sqft
  • Bathrooms: 5
  • Garage Size: x x
  • Property Type: Retail
  • Property Status: Active

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Owned by Jason Macdermid RE/MAX Rouge River Realty Ltd.

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