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55 St. Paul Street St. Catharines, Ontario L2R 3M3

Central Air Conditioning Forced Air, Hot Water Radiator Heat

$4,900,000

Prime downtown location across from meridian centre. Entire 2nd floor, 10,000 sq ft converted to 10 one bedroom apartments and 1 two bedroom apartment. Large apartments with high ceilings. Some with storage rooms. Each unit with individual heating and controls/breaker panels. All units with oak cabinets, ceramic, laminate, one piece tub/shower except for handicap unit. Entire building with updated wiring, plumbing. Sprinkler system through out building is monitored. 13/14 ft ceilings. Handicap chair lift. Roofs 2011/ 2 hvac units 2011. 2 coin washer, 2 coin dryers. 15,000 sq ft main floor includes leased 2000 sq ft restaurant. Owner occupied 9000 sq ft. Aprox 3000 sq ft of hallway/vacant unit. 70 ft frontage on St. Paul with potential for 4 storefront units plus 2 on William St. 15000 sq ft basement with high ceilings. Freight elevator not in working condition. VTB 1st possible with substantial down. Listed at less then then $200 per sq ft. (id:26105)

Property Details

MLS® Number 40112583
Property Type Office
Amenities Near By Public Transit
Features Corner Site, Elevator, Laundry- Coin Operated

Building

Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Stucco
Fire Protection Monitored Alarm, Smoke Detectors, Alarm System
Fireplace Present No
Flooring Type Ceramic, Concrete, Laminate
Foundation Type Poured Concrete
Heating Type Forced Air, Hot Water Radiator Heat
Stories Total 2
Size Exterior 25205.0000
Utility Water Municipal Water

Parking

None

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 124 Ft
Size Frontage 137 Ft
Zoning Description Bc

https://www.realtor.ca/real-estate/23281364/55-st-paul-street-st-catharines

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Shaun Thoms – Niagara Region Realtor