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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:32415)
Business Type | Other, Retail and Wholesale |
MLS® Number | H4091254 |
Property Type | Retail |
Amenities Near By | Public Transit |
Basement Type | None |
Cooling Type | Air Conditioned |
Fire Protection | Unknown |
Heating Type | Boiler |
Size Interior | 35460 |
Type | Retail |
Utility Water | Municipal Water |
No Garage |
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
(905) 335-3042
(905) 335-1659
www.royallepageburlington.ca
Contact us for more information