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    For Sale - 230 Ontario Street, St. Catharines, Ontario

    Est payment $3,121/mo
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    Time on Jump  6 day




    Exceptional mixed-use investment/owner-occupier opportunity in downtown st. Catharines! This fully fenced, m1-zoned property offers main-floor commercial retail space plus a spacious 3-bedroom apartment above-ideal to live, work, and invest in one centrally located property. The highly visible retail space is owner-occupied as an established cannabis dispensary since october 2022, with a loyal customer base, consistent sales, and growth potential. It was previously ran as a cigar and convenience store for ~20 years, reflecting a long history of retail use. The sale includes the real estate along with existing business assets and goodwill (inventory will be extra cost), subject to t&c. Note: the cannabis retail operator licence is non-transferable-purchasers must obtain their own licence/approvals to operate the cannabis business. The retail store authorization may be transferable, subject to regulatory approval. The second-floor unit offers 3 bedrooms, two 3-piece bathrooms, and a kitchen with 3 appliances-great for an owner-operator, extended family, or rental income. The partially finished basement adds storage, a small office, a 2-piece bathroom, and laundry facilities. Situated on busy ontario street, the property enjoys excellent exposure and multiple signage opportunities, with potential advertising revenue (subject to approvals). Transit is at doorstep , montebello park is a 5-minute walk, and the qew/406 interchange is just 2 minutes away by car. The proposed 492-unit affordable housing development is planned within a 5-minute walk, potentially boosting neighbourhood density, foot traffic, and customer flow. A rare chance for investors, entrepreneurs, or owner-occupiers to secure a strategically located mixed-use property with an established retail presence and flexible living/income potential upstairs. .
    Listing IDX13678884
    Address230 Ontario Street
    CitySt. Catharines, Ontario
    Price$649,900
    StyleCommercial Retail
    Land Size4445.49
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Agency:  SAM MCDADI REAL ESTATE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    230 Ontario Street
    St. Catharines , Ontario
    $649,900
    Get more info