168 Pelham Rd
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168 Pelham Rd
3,792 SF 100% Leased Retail Building St Catharines, ON L2S 1W3 $592,021 USD ($156 USD/SF)
Investment Highlights
- Two Storey Mixed Use Corner income property
- ONE ground level retail unit
- TWO second storey residential units
- Restrictive Covenant Prohibiting Use as Grocery and Convenience Store Operation for 10 years
Executive Summary
3,792 SF Two Storey Mixed Use Corner income property for Sale in St. Catharines, Western Hill area featuring 2 second storey residential units and 1 ground level retail unit.Constructed in 1951 with concrete block and brick on concrete slab and located on 0.09 acres, the property offers 5 parking spaces. Zoned C1, Local Convenience Commercial. Just a short distance approx. 2kms to Downtown St. Catharines and Highway 406, on busy Pelham Road, surrounded by residential and some commercial uses. Restrictive Covenant Prohibiting Use as Grocery and Convenience Store Operation for Ten Years.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,792 SF
Building Class
C
Year Built
1951
Price
$592,021 USD
Price Per SF
$156 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.09 AC
Zoning
C1 - Local Convenience Commercial
Parking
5 Spaces (1.32 Spaces per 1,000 SF Leased)
Frontage
74 FT on Pelham Rd
Nearby Major Retailers
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168 Pelham Rd
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