5 Race St - Office FOR SALE


St Catharines, ON L2R 3M1- Downtown St Catharines
$1,590,000 CAD
905-354-7413
5 Race St, St Catharines, ON for Sale
$1,590,000 CAD
Office - FOR SALE
1/10
null | Request Cap Rate

5 Race St
St Catharines, ON L2R 3M1
Downtown St Catharines


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,590,000 CAD

PRICE/SF

$245 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

M2-92

APN/PARCEL ID

262904000305900

ASK ABOUT THIS PROPERTY

Lucas LucchettaColliersMore Info
905-354-7413

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Lucas LucchettaColliersMore Info
905-354-7413

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