Located in St. Catharines, detached 2 Storey building, fully rented to medical clinic and Pharmacy. Excellent income of $90,000 annually with ten (10) Year Triple net Lease, with excalation of rents. Won't find a deal like this at 10% guaranteed return on cash investment. Recession proof income. Lease term may be re-negotiated. (id:60365)
MLS® Number | X12173852 |
Property Type | Retail |
Community Name | 451 - Downtown |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 2368 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 111 Ft ,6 In |
SizeFrontage | 59 Ft |
SizeIrregular | 59 X 111.55 Ft |
SizeTotalText | 59 X 111.55 Ft |
ZoningDescription | C1 |
https://www.realtor.ca/real-estate/28367997/7-welland-avenue-st-catharines-downtown-451-downtown
Dave Sohal
Broker of Record