5 Race Street
St. Catharines, L2R 3M1
FOR SALE
$1,590,000

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Office
CATEGORY6,500 Sq Ft
OFFICE/APT AREAX12992136
MLSIDContact Us
Property Description
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.
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Property Details
Address
5 Race Street
Community
City
Postal Code
L2R 3M1
Property Type
Office, Office
Use
Office
Zoning
M2
Office Area
6,500 Sq Ft
Taxes
$20,418 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Colliers International Niagara Ltd.
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