7 Welland AVE new

St. Catharines,ON L2R 2L8

$ 949000

- Bed

- Bath

2368 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,368 sqft

Price per Sqft $400

Subdivision 451 - Downtown

MLS Listing ID X11967749

Annual Tax Amount $3,067

Tax Year 2024

Property Sub-Type Office

Property Description

Located in St. Catharines, detached 2 Storey building, fully rented to medical clinic and Pharmacy. Excellent income of $100,000 annually with ten (10) Year Triple net Lease, with excalation of rents. Won't find a deal like this at 10% guaranteed return on cash investment. Recession proof income. Lease term may be re-negotiated.

Location

Province ON

County Niagara

Community 451 - Downtown

Area Niagara

Zoning C1

Interior

Cooling Yes

Exterior

Utilities Available None

Lot Frontage 59.0

Lot Depth 111.55

Others

Security Features No

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