$15,400,000 259 ST. PAUL Street, St. Catharines ON, L2R3M7

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MLS ID: 30638806 No Garage Return to Featured Listings

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BEAUTIFUL 75 BRAND NEW UNIT APARTMENT BUILDING PLUS 5 BRAND NEW RESTAURANTS. 73,000 SQUARE FEET, 6 STOREY, CONCRETE STRUCTURE, SOLID BRICK. FULL 9 FOOT HIGH BASEMENT (13,000 SQUARE FEET). ALL NEWER APARTMENTS, NEW ELECTRICAL, PLUMBING, HVAC, INDIVIDUAL HEAT PUMPS, WINDOWS, KITCHENS, BATHROOMS, CERAMIC FLOORS, INSTITUTIONAL GRADE INVESTMENT PROPERTY SHOWS A GUARANTEED 5.3% CAP RATE, 7.5% RETURN ON INVESTED CAPITAL AND A 15.2% INTERNAL RATE OF RETURN. A PRIME INVESTMENT IN THE HEART OF THE ENTERTAINMENT DISTRICT DOWNTOWN ST. CATHARINES. EXISTING FINANCING AVAILABLE. (id:15178)

Listing courtesy of RE/MAX GARDEN CITY REALTY INC, BROKERAGE

General Information
MLS® ID 30638806
Lot Size 0.3 ac|under 1/2 acre
Garage/Parking No Garage
Sewer Sanitary sewer

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