191 Welland Ave - Freestanding FOR SALE


St Catharines, ON L2R 2P2- Central District
$6,200,000 CAD
877-549-6856
191 Welland Ave, St Catharines, ON for Sale
$6,200,000 CAD
Freestanding - FOR SALE
1/7
null | 5.24% Cap Rate

191 Welland Ave
St Catharines, ON L2R 2P2
Central District


HIGHLIGHTS

  • 21,551 SF Multi-tenanted Commercial Plaza on 1.90 AC
  • 9 existing units and 2 newly built units
  • 10 units leased — only 1 unit remaining
  • Great Exposure Location at the Corner of Geneva Street & Welland Avenue
  • On public transit route & easy access to Highway 406
  • Brand-new paved parking lot at the rear

OVERVIEW

Local St. Catharines established neighbourhood plaza with strong tenant mix and only one vacancy. Two new units of 2,400 sq. ft. each just added to the development in 2025. Frontage on 3 streets at the intersection of Welland Ave. and Geneva and Race St. New Niagara Regional Police offices located across the street. Tim Horton's and Ma Restaurant in local trade area. High traffic counts. Tenant's include dental, Physiotherapy, food, C Store. Current net income $320,000.00. Financials available to all Buyer and Agents upon signing an NDA.

FOR SALE DETAILS

PRICE

$6,200,000 CAD

PRICE/SF

$288 CAD /SF

CAP RATE

5.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Geneva Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

C2

APN/PARCEL ID

262903001200100

ASK ABOUT THIS PROPERTY

Taylor WilsonColliersMore Info
877-549-6856

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Taylor WilsonColliersMore Info
877-549-6856

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.