ON
St. Catharines (Oakdale)
L2T1K5
333-341 Merritt Street
333-341 Merritt Street, St. Catharines (Oakdale), ON L2T1K5
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Listing Type
Commercial/Industrial
Listing Status
Active
29
$2,500,000

Home Details for 333-341 Merritt Street

Price
$2,500,000
Type
Commercial Sale
Listing #
X13484124
Property Description

Extremely rare investment opportunity with up to 9 rental units, retail, residential and further development. The property currently includes 3 retail storefronts, one restaurant/bar with parking, 4 residential apartments, a fenced rear compound lot, further parking lot and an onsite detached house with further private parking. This exclusive land assembly offering demonstrating pride of ownership, presents a rare opportunity to acquire a strategically assembled portfolio of up to 5 income-producing mixed-use properties stretching over 1 full block of street frontage free city street parking, 198 ft deep lot and a strong combination of commercial and residential revenue streams. Positioned within established and evolving markets on a thriving main arterial route servicing south St. Catharines. The portfolio offers immediate cash flow, long-term stability, and significant upside potential for both private and institutional investors. Buyer to do their own due diligence regarding the potential for a scaled townhouse build at the rear of the property on Walnut Lane. Parking potential or 15 or more vehicles updated furnace and roof, floor plans available.24 hrs notice for showings (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Hot Water
    • Radiant
    • Natural Gas
Listing Courtesy: ROYAL LEPAGE NRC REALTY
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EXIT REALTY MATRIX, BROKERAGE
87 John Street, Hawkesbury, ON K6A 1Y1
Jonathan-Sebastien Parent
License #: 6002211
Sales Representative
Office
613 632 0707
Agent
613 897 4994
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