NewFor Sale

5 Race Street
St. Catharines, Niagara, ON, L2R 3M1

Office
TRREB
MLS® Number: X12421403
$1,795,000List Price
OfficeProperty Type
6,500 sq ftSize
$19,600 / 2024Taxes (Annual)
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Listing History

Buy/sell history for 5 Race Street, St. Catharines, ON L2R 3M1

0 Transactions by CPRB Agents

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Description

An exceptional opportunity to acquire a solidly built commercial office and mixed-use building in the heart of downtown St. Catharines. This well-maintained property is currently divided into five tenant spaces, including a spacious two-bedroom residential unit that could easily be converted into additional office space. The layout offers strong potential for reconfiguration, with the ability to accommodate six or more individual tenant areas, making it ideal for investors or business owners seeking flexibility and future growth. Located just seconds from the 406 Highway, the property provides excellent accessibility without the congestion of Saint Paul Street. Its proximity to the downtown core allows for easy access to amenities while still offering quick in-and-out convenience for tenants and clients. There are two parking spaces out front and parking for 11+ cars on the Head Street side of the building on a long term lease. All existing tenants are on month-to-month leases, providing immediate income with the freedom to restructure lease terms, adjust rents, or occupy part of the building as needed. This is a rare chance to own a versatile and strategically positioned commercial asset in a growing urban center. With its solid construction, adaptable layout, and unbeatable location, this property represents exceptional value and long-term potential.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$19,600 / 2024
Listing #:X12421403
Property Type:Office
Building Age:16-30
Size:6,500 sq ft
Land Size:46.15 x 85
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE

Rooms

Details

Property

Property Type:Office
Community:451 - Downtown
Municipality:Niagara

Building

Size:6,500 sq ft
Building Age:16-30

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Geneva and Race

$1,795,000

List price

5 Race Street, St. Catharines – Office for sale · MLS® # X12421403 | CPRB