1 King Street, St. Catharines | Image 1

1 King Street

St. Catharines, 451 - Downtown

  • Commercial

$XXX,XXX
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: C5

  • Age: No Data

  • Taxes: 6581

  • MLS®#: X9412901

  • Days on Site: 84 Days

  • Added: Jul 26, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: RE/MAX GARDEN CITY REALTY INC, BROKERAGE

This downtown 2.5 story mixed use building has been affected by fire in the finished attic/loft. The main floor is approximately 1600 SQ FT of commercial space, ideally suited for retail or business services. The upper level is a spacious 1600 SQ FT residential apartment which has been gutted to the studs and in need of rebuild. Well located in downtown St. Catharines, by the corner of King Street and Ontario Street, directly across from a prime future development site. The building next door, on the north side was severely damaged by a major fire, and will likely also become redeveloped. Just a short walk to City Hall, the Registry Office, the Court House, Market Square, major banks and law firms. Close to the First Ontario Performing Arts Center and Meridian Arena and entertainment complex. This property is being sold "As IS, Where Is"

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Net Income: 19962

  • Area: St. Catharines

  • Community: 451 - Downtown

  • Availability Date: IMMED

  • Assessment Amount: $238,000

  • Assessment Year: 2024

Building

  • Basement: Y

  • Elevator: None

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 1093 CP PL 2 GRANTHAM; PT LT 1091 CP PL 2 GRANTHAM AS IN R081

  • Taxes: $6,581

  • Insurance Fee: 2022

Land

  • Cross Street: Near Ontario St

  • Municipality District: St. Catharines

  • Parcel Number: 462170152

  • Sewer: Sewers

  • Lot Depth: 75 Acres

  • Lot Frontage: 36 Acres

  • Zoning: C5

Commercial Specific

  • Retail Area: 500

  • Total Area: 1650

  • Total Area Metric: Sq Ft

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