14-20 Queen St
St. Catharines, L2R5G3
UNAVAILABLE
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Multi-Use
CATEGORY35,460 Sq Ft
TOTAL AREAX4961280
MLSIDContact Us
Property Description
Fantastic Investment Opportunity- 35,000 Square Feet Of Mixed-Use Commercial/ Residential Space In The Heart Of Downtown! Opportunity For The Savvy Investor To Transform This Building Into Proposed 18-Unit Building (6 Commercial, 12 Residential, Plus Additional 6 Storage Units In The Basement). Huge Upside-Projected Value Of $6,500,000 At 5.5% Cap Rate Upon Completion. Option To Purchase 14 Queen Street/ 16-20 Queen Street Separately.
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Extras
Property Is Vacant For Immediate Use/ Construction, And A Record Of Site Condition (Rsc) Is Available. Current Zoning Is C5. Close To Highways, Brock University, & To The Trendiest Area In St. Catharines. Proforma Available Upon Request.
Property Details
Category
Multi-Use
Zoning
C5
Total Area
35,460 Sq Ft
Retail Area
100
Lot Size
100' x 152'
Taxes
$35,279 (2020)
Air Conditioning
Yes
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Listing contracted with Royal Lepage Burloak Real Estate Services, Brokerage
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Introducing this modern commercial property opportunity! This expansive single-storey building spans over 20,020 sq. ft., accompanied by a spacious warehouse, all occupying a generous 5.028-acre plot of land. The building features an 16' X 18' roll-up shop door, along with main power supplied at 600V, 200A, 3 phase, supported by four sub-panels in the warehouse. Notably, an explosion-proof room adds an extra layer of safety. With 1.5 acres dedicated to the building and parking, the remaining land presents additional potential. Great location close to highway access and other commercial amenities.
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