MLS® ID: 30710602

259 ST. PAUL Street

St. Catharines, Ontario, L2R3M7

$16,400,000 Active
  • 73000 SQFT
BEAUTIFUL 75 BRAND NEW UNIT APARTMENT BUILDING PLUS 5 BRAND NEW RESTAURANTS. 73,000 SQUARE FEET, 6 STOREY, CONCRETE STRUCTURE, SOLID BRICK. FULL 9 FOOT HIGH BASEMENT (13,000 SQUARE FEET). ALL NEWER APARTMENTS, NEW ELECTRICAL, PLUMBING, HVAC, INDIVIDUAL HEAT PUMPS, WINDOWS, KITCHENS, BATHROOMS, CERAMIC FLOORS. INSTITUTIONAL GRADE INVESTMENT PROPERTY SHOWS A GUARANTEED 5% CAP RATE, 8.49% RETURN ON INVESTED CAPITAL AND A 14.85% INTERNAL RATE OF RETURN. A PRIME INVESTMENT IN THE HEART OF THE ENTERTAINMENT DISTRICT DOWNTOWN ST. CATHARINES. EXISTING FINANCING AVAILABLE. (id:18098)
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Listing courtesy of RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Amenities

  • Postal
    L2R3M7
  • SQFT
    73000
  • Property type
    Other
  • Sewer
    Sanitary sewer
  • Agent name
    KELLY ATALICK
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Brokerage
    RE/MAX GARDEN CITY REALTY INC, BROKERAGE
  • Office ID
    75354
  • Agent ID
    1501284

Location

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