22 Academy Street St. Catharines (Downtown), Ontario L2R 4Z6

10835 sqft
全物业配备空调 Other

$1,099,999

Downtown Mixed-Use Investment Opportunity. Excellent opportunity to acquire a substantial mixed-use property in the heart of downtown. Zoned M2, the building offers approximately 10,835 sq. ft. of above-grade space, along with additional unfinished basement area, providing considerable storage space. The main level features extensive commercial space currently equipped with two commercial kitchens, a full bar, dining areas, and large open areas. With multiple access points, the layout may provide an opportunity to reconfigure the commercial portion into as many as three smaller commercial units, creating the potential for multiple income streams. The second floor contains three residential units, with additional potential for a fourth residential unit on the main floor, subject to applicable approvals. This existing mixed-use configuration provides an opportunity to generate both commercial and residential income while allowing a future owner to further optimize the property. The building is supported by substantial infrastructure, including 400-amp electrical service for the commercial area and 200-amp service for the residential units, an industrial water tank under 10 years old, water filtration system, approximately 1.5-2-inch water feed, two grease traps, basement beverage chillers, and a keg system. Fire and life-safety features include an existing fire safety plan, suppression systems, interconnected fire pulls, and dedicated exits for each residential unit. The property also offers seven on-site parking spaces, complemented by nearby public parking. For qualified purchasers, the seller is open to considering a 3-year Vendor Take-Back (VTB) mortgage. With its downtown location, M2 zoning, substantial floor area, existing mixed-use configuration, and potential for further repositioning, this property presents several possibilities for both current income and future value creation. (id:43681)

房源概要

MLS® Number X13659796
房源类型 Retail
社区名字 451 - Downtown
附近的便利设施 Highway, 公共交通

详 情

空调 全物业配备空调
供暖类型 Other
Size Exterior 10835 Sqft
内部尺寸 10835 Sqft
设备间 市政供水

土地

英亩数 无
土地便利设施 Highway, 公共交通
土地深度 132 Ft
土地宽度 79 Ft ,1 In
不规则大小 Bldg=79.1 X 132 Ft
规划描述 M2

https://www.realtor.ca/real-estate/30138455/22-academy-street-st-catharines-downtown-451-downtown