5 Court Street
St. Catharines, L2R 4R3
FOR SALE
$1,290,000
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Commercial Retail
CATEGORY 1,500 Sq Ft
RETAIL AREA X13522020
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Property Description
Exceptional mixed-use commercial and residential property offering good income potential in a prime downtown location. Situated just a 5-minute walk to the St. Catharines Downtown Transit Terminal, this extensively renovated building is ideal for investors or owner-operators seeking multiple income streams.The main floor features a fully equipped restaurant space with a newly built commercial kitchen, now is rented to a Chineses take out retreatant. Also on the ground level, with its own separate entrance, is a spacious commercial-zoned residential unit offering 1 bedroom, 1 bathroom, an open-concept living and dining area, kitchen, and in-suite laundry. A separate entrance leads to the second floor, currently configured for room rentals, featuring 5 bedrooms, 2 full bathrooms, a shared kitchen and dining area, and a dedicated laundry space, providing excellent rental income potential.The property has undergone extensive renovations, including ESA-certified electrical upgrades, updated plumbing on the second floor, and newer furnace and air conditioning systems, offering peace of mind for years to come. Whether you're looking to expand your investment portfolio, operate your own business while generating residential rental income, or capitalize on the strong demand for downtown housing, this versatile property presents an exceptional opportunity in a thriving location.
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Property Details
Address
5 Court Street
Community
City
Postal Code
L2R 4R3
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
LT 371 CP PL 2 GRANTHAM; ST. CATHARINES
Lot Size
38' x 116'
Retail Area
1,500 Sq Ft
Taxes
$8,500 (2026
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Wisdomax Realty Ltd
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