20 Front Street South, Thorold | Image 1

20 Front Street South

Thorold

  • Commercial

$XX,XXX,XXX
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: C1

  • Age: No Data

  • Taxes: 72420

  • MLS®#: X8218160

  • Days on Site: 2 Days

  • Added: Apr 08, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX GARDEN CITY REALTY INC.

Fabulous investment opportunity! Downtown Thorold, extremely well maintained 6 year old building featuring 60 student rental units and one 1500 sq ft commercial space located right in the heart of Front Street. The commercial space and student units are fully rented and the current property manager is willing to stay on, allowing for a stress-free investment. Each unit has a bedroom, sitting area and 3 pc bathroom. A shared kitchen on each floor includes 2 refrigerators, 2 stoves, 2 microwaves and an eating area to seat 8. a large common area in the basement with ping pong table, couches and TV's plus laundry area with coin operated washers and dryers. Units are hot water, radiant heat. All common areas and main floor commercial are forced air heat with a/c. Properties to the north have been purchased and will be redeveloped. Housing Brock University and Niagara College Students, with all necessary amenities in walking distance.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Investment

  • Property Type: Accommodation

  • Area: Thorold

  • Availability Date: FLEXIBLE

  • Assessment Amount: $3,636,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 18

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 10 E/S FRONT ST PL 889 & PT LT 33 IN REAR OF LTS E/S FRONT

  • Taxes: $72,420

  • Taxes Type: Annual

Land

  • Cross Street: Sullivan/Front

  • Municipality District: Thorold

  • Parcel Number: 644520349

  • Lot Depth: 262.68 Feet

  • Lot Frontage: 65.16 Feet

  • Zoning: C1

Commercial Specific

  • Total Area: 24000

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Lot

JK-8

Burleigh Hill Public School

Elementary: Public
1.74 km
JK-8

Prince of Wales Public School

Elementary: Public
0.30 km
JK-8

Westmount Public School

Elementary: Public
0.93 km
JK-3

St Charles Catholic Elementary School

Elementary: Catholic
0.69 km
4-8

Monsignor Clancy Catholic Elementary School

Elementary: Catholic
1.30 km
JK-8

Richmond Street Public School

Elementary: Public
1.42 km
9-12

DSBN Academy

Secondary: Public
4.88 km
9-12

Thorold Secondary School

Secondary: Public
0.52 km
9-12

St Catharines Collegiate Institute and Vocational School

Secondary: Public
5.95 km
9-12

Laura Secord Secondary School

Secondary: Public
6.92 km
9-12

Sir Winston Churchill Secondary School

Secondary: Public
3.10 km
Pre-Grade 9-12

Denis Morris Catholic High School

Secondary: Catholic
3.37 km