1,892 sqft
Fully Air Conditioned
Hot Water Radiator Heat
$329,000
Own a fully leased commercial condo in the heart of downtown St. Catharines , an exceptional investment opportunity at Suite 203 , 43 Church Street. Secured with a multi year lease, until July 31, 2028, to a AAA tenant, this property delivers immediate, reliable income with an attractive cap rate. Condo area 1892.8 sq. ft., Leasable area 2250 sq ft. Base Rent $10 / sq ft. +TMI $13.19 /sq ft. , Common Fees are $1468.83, Property Taxes for 2025 are $8134.35. One Tandem parking and included: Unit #21. This beautifully designed office space offers a bright, modern, and highly functional layout in the vibrant Downtown Core. The open concept workspace is flooded with natural light through expansive windows and includes a professional reception area, and the convenience of underground parking. Ideal for investors seeking stable returns, this versatile commercial condo is well-suited for professional offices, service based businesses, or medical related uses. Positioned steps from restaurants, bars, the Courthouse, City Hall , shopping, and countless amenities. This prime location enhances both tenant appeal and long term value. (id:63476)
Property Details
|
MLS® Number |
X13734022 |
|
Property Type |
Office |
|
Community Name |
451 - Downtown |
|
Features |
Elevator |
|
Parking Space Total |
1 |
Building
|
Cooling Type |
Fully Air Conditioned |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Hot Water Radiator Heat |
|
Size Interior |
1,892 Sqft |
|
Type |
Offices |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Size Depth |
295 Ft ,8 In |
|
Size Frontage |
107 Ft |
|
Size Irregular |
107.04 X 295.73 Ft |
|
Size Total Text |
107.04 X 295.73 Ft |
|
Zoning Description |
C5-92 |