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$ 1,590,000
Est. payment /mo
Active
5 Race ST St. Catharines, ON L2R 3M1
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision 451 - Downtown
MLS Listing ID X12992136
Annual Tax Amount $20,418
Tax Year 2025
Property Sub-Type Office
Property Description
Excellent opportunity for an owner-occupier or investor to acquire a flexible mixed-use building in downtown St. Catharines. Currently configured into five units, including a two-bedroom residential suite, this property offers immediate income with the ability to occupy space for your own business while benefiting from rental revenue. All tenants are on month-to-month leases, providing maximum flexibility to reposition the building, adjust rents, or reconfigure the layout. The existing configuration lends itself well to a "run your business and collect income" model, with additional upside through the potential to convert one or more units to residential use. Strategically located just seconds from Highway 406, the property offers excellent accessibility without the congestion of St. Paul Street, while remaining within close proximity to the downtown core and its amenities. On-site parking includes two spaces at the front and 11+ additional spaces along Head Street under a long-term arrangement. This is a well-maintained building with strong fundamentals, flexible tenancy, and value-add potential in a growing urban location.
Location
State ON
County Niagara
Area Niagara
Zoning M2
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 46.15
Others
Security Features No
ParcelsYN No
Listed by COLLIERS INTERNATIONAL NIAGARA LTD.
Nearby Locations