33
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$1,999,000
Est. payment /mo
7,800 SqFt
Pending
14-18 Secord DR St. Catharines, ON L2N 1K8
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $256
Subdivision 443 - Lakeport
MLS Listing ID X12087505
Annual Tax Amount $26,366
Tax Year 2024
Property Sub-Type Investment
Lot Depth 120.0
Lot Front 187.5
Property Description
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 6.25%. 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.
Location
Province ON
County Niagara
Community 443 - Lakeport
Area Niagara
Zoning E1 - Business Commercial Employment
Interior
Cooling Yes
Inclusions Most of the kitchen fixtures in rear unit are property of the landlord.
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 187.5
Lot Depth 120.0
Listed by COLLIERS INTERNATIONAL NIAGARA LTD.
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