333-341 Merritt Street, St. Catharines (oakdale), Ontario

$2,100,000

Previous Next

10,765

Square feet

About 333-341 Merritt Street

Extremely rare investment opportunity with up to 9 rental units, retail, residential, a long established appliance sale/repair business (1976) is included and further possible land development. The property currently includes 3 retail storefronts, one restaurant/bar with parking, 4 residential apartments, a fenced rear compound lot, further parking lot and an onsite detached house with private parking. This exclusive land assembly offering demonstrating pride of ownership, presents a rare opportunity to acquire a strategically assembled portfolio of up to 5 income-producing mixed-use properties stretching over 1 full block of street frontage free city street parking, 198 ft deep lot and a strong combination of commercial and residential revenue streams. Positioned within established and evolving markets on a thriving main arterial route servicing south St. Catharines. The portfolio offers immediate cash flow, long-term stability, and significant upside potential for both private and institutional investors. Buyer to do their own due diligence regarding the potential for a scaled townhouse build at the rear of the property on Walnut Lane. Parking potential or 15 or more vehicles updated furnace and roof, floor plans available.24 hrs notice for showings (id:36535)

Features of 333-341 Merritt Street

Listing # X13484124
Price $2,100,000
Bathrooms 0.00
Square Footage 10,765
Acres 0.00
Type Business

Community Information

Address 333-341 Merritt Street
Subdivision 456 - Oakdale
City St. Catharines (oakdale)
Province Ontario
Postal Code L2T1K5

Amenities

Amenities Highway, Public Transit
Features Irregular lot size
Parking Spaces 15
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Baseboard heaters, Hot water radiator heat
Cooling Partially air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=132.03 x 198.18 FT

Listing Details

OfficeCourtesy Of ROYAL LEPAGE NRC REALTY

Listing Map