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:50877)
MLS® Number | X12087505 |
Property Type | Business |
Community Name | 443 - Lakeport |
Amenities Near By | Highway, Public Transit |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 7,800 Ft2 |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Highway, Public Transit |
Size Depth | 120 Ft |
Size Frontage | 187 Ft ,6 In |
Size Irregular | 0.52 |
Size Total | 0.52 Ac |
Size Total Text | 0.52 Ac |
Zoning Description | E1 - Business Commercial Employment |
https://www.realtor.ca/real-estate/28178483/14-18-secord-drive-st-catharines-lakeport-443-lakeport
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