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    For Sale - 333-341 Merritt Street, St. Catharines, Ontario

    Est payment $12,005/mo
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    Views   1
    Time on Jump  5 day

    AI Summary *

    • Rare investment opportunity with up to 9 rental units and established business.
    • Includes 3 retail storefronts and a restaurant/bar with parking.
    • 4 residential apartments and detached house with private parking available.
    • Property offers immediate cash flow with long-term stability and growth potential.
    • Fenced rear compound lot and possible townhouse development expansion.




    Extremely rare investment opportunity with up to 9 rental units, retail, residential, a long established appliance sale/repair business (1976) is included and further possible land development. The property currently includes 3 retail storefronts, one restaurant/bar with parking, 4 residential apartments, a fenced rear compound lot, further parking lot and an onsite detached house with private parking. This exclusive land assembly offering demonstrating pride of ownership, presents a rare opportunity to acquire a strategically assembled portfolio of up to 5 income-producing mixed-use properties stretching over 1 full block of street frontage free city street parking, 198 ft deep lot and a strong combination of commercial and residential revenue streams. Positioned within established and evolving markets on a thriving main arterial route servicing south st. Catharines. The portfolio offers immediate cash flow, long-term stability, and significant upside potential for both private and institutional investors. Buyer to do their own due diligence regarding the potential for a scaled townhouse build at the rear of the property on walnut lane. Parking potential or 15 or more vehicles updated furnace and roof, floor plans available. 24 hrs notice for showings
    Listing IDX13484124
    Address333-341 Merritt Street
    CitySt. Catharines, Ontario
    Price$2,500,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Baseboard

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    Listing Agency:  ROYAL LEPAGE NRC REALTY

    * 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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    333-341 Merritt Street
    St. Catharines , Ontario
    $2,500,000
    Get more info