74-76 St Paul St E

Capitalize On This Prime Location And Versatile Property At 74-76 St. Paul St In Downtown St. Catharines! This Unique Mixed-Use Building Currently Has 4 Residential Units But Offers C6 Zoning, Allowing For A Seamless Transition To A Commercial Space If Desired. All 4 Units Are Leased, Ensuring Immediate Income. Untapped Potential In The Approx 1500Sqft Unfinished Basement! Substantial Parking Advantage With A Lot At The Rear Off Of David S. Howes Way, For 6 Parking Spaces - A Coveted Commodity In The Downtown Area. Location Is Key, And This Building Has It All. Nestled Against The Meridian Centre, The Property Enjoys A Dynamic Atmosphere. The Strategic Positioning On An Easy Bus Route For Brock U And Niagara College Students Further Enhances Its Desirability. With Approx $71,256.00 Annual Current Rental Income, Potential For Commercial Conversion, Ample Parking, And Proximity To Entertainment And Education Hubs, This Property Boasts A Myriad Of Possibilities For The Astute Investor.

Notes: Grandfathered Privileges Permit Residential Use On The Main Floor, So Property Taxes Are Lower Than Typical Commercial Space! Front & Upper Windows (2023), 400Amp Breaker (Each Unit Has 100Amp Panel).