AVIS | 436 St Paul St E
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AVIS 436 St Paul St E
500 SF 100% Leased Retail Building St Catharines, ON L2R 3N3 £347,763 (£696/SF) 6.50% Net Initial Yield
Investment Highlights
- High exposure location
- Retail amenities nearby
- Heavy daytime foot traffic area
- Access to highway
- Heavy commercialized area
- Natural light exposure
Executive Summary
Introducing a prime commercial opportunity at 436 St. Paul Street, St. Catharines. This property is situated at the intersection of St. Paul Street and Regional Road 46, just north of HWY 406, and surrounded by a strong commercial node. Within minutes of the Merritt Trail and the St. Catharines Golf & Country Club, the location offers convenience and high visibility. Spanning approximately 0.206 acres (8,955 SQFT), the site features a frontage of 147.49 feet on St. Paul Street and a depth of 109.60 feet, presenting a unique triangular layout
currently utilized as a rental car establishment, leased by Budget Rent a Car. Zoned C6-92, the property allows for a variety of downtown traditional main street uses, complemented by downtown parking exemptions. The official plan designates the area as Downtown, enhancing its commercial appeal.
currently utilized as a rental car establishment, leased by Budget Rent a Car. Zoned C6-92, the property allows for a variety of downtown traditional main street uses, complemented by downtown parking exemptions. The official plan designates the area as Downtown, enhancing its commercial appeal.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
500 SF
Building Class
C
Year Built
2000
Price
£347,763
Price Per SF
£696
Net Initial Yield
6.50%
NOI
£22,605
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.06
Lot Size
0.21 AC
Zoning
C6-92 - Downtown Traditional Main Street w Downtown Parking
Parking
21 Spaces (42 Spaces per 1,000 SF Leased)
Frontage
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Very Bikeable (78)
Nearby Major Retailers
1 of 3
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AVIS | 436 St Paul St E
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