144 Lake ST Active

St. Catharines,ON L2R 5Y3

$ 1295000

- Bed

- Bath

3510 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,510 sqft

Price per Sqft $368

Subdivision 451 - Downtown

MLS Listing ID X12100936

Annual Tax Amount $16,243

Tax Year 2024

Property Sub-Type Investment

Property Description

Attention Investors! This Turnkey & Well Maintained Multi-Plex Boasts +/- 7% Cap Rate With Further Potential Upside! Consisting Of: 7 Residential Units + 1 Commercial Retail/Restaurant Unit & More. Excellent Corner Lot Exposure, Just 1km South of QEW, Walking Distance to Transit, Amenities, Downtown, *Buyer Has An Option To Also Purchase 144-A Lake St. MLS #X12101000 The Separately Deeded 2 Story Residential Home Which Is Located Directly Adjacent, Purchase Price Of The House Is In Addition To. Please See MLS Residential Listing For 144-A Lake St. Or Just Purchase The Building On Its Own.

Location

State ON

County Niagara

Community 451 - Downtown

Area Niagara

Zoning Commerical

Interior

Cooling No

Inclusions Great Exposure, Walking Distance To Transit, Amenities, Downtown, Convenient Access To The Qew. 2022 Gas Boiler Furnace, 7 Fridges & 7 Stoves, 2 Gas Hot Water Tanks, One Coin Laundry Washer/Dryer For Added Income, Basement Has 2 Additional Spacious Office Suites -

Exterior

Utilities Available Yes

Lot Frontage 45.0

Lot Depth 78.0

Building

Lot Description Irregular Lot

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