Well-maintained, fully leased investment opportunity located in a busy commercial corridor in St. Catharines. Several recent building improvements. WALT of 2.9 years remaining and cap rate of 6.72%. All tenants have lease agreements with rent escalations and options to extend, offering stable income. Ample on-site parking and the current zoning offers a wide range of permitted uses. Contact listing agent for more information and financials. (id:51158)
| MLS® Number | X12440121 |
| Property Type | Business |
| Community Name | 443 - Lakeport |
| Amenities Near By | Highway, Public Transit |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 7,800 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 120 Ft |
| Size Frontage | 187 Ft ,6 In |
| Size Irregular | 0.52 |
| Size Total | 0.52 Ac |
| Size Total Text | 0.52 Ac |
| Zoning Description | E1 - Business Commercial Employment |
https://www.realtor.ca/real-estate/28941300/14-18-secord-drive-st-catharines-lakeport-443-lakeport
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