$3,999,900

1 Lock Street

St. Catharines ON, L2N 5B4

Description

Own a piece of downtown Port Dalhousie! This is a once in a lifetime opportunity to own a 3 property parcel consisting of 2 fully functional restaurants and 1 triplex. Properties must be sold together, seller will not sell separately. 1 Lock Street offers a total floor area of +/- 4732 square feet. The main floor is approximately 3509 square feet while the second floor is +/- 1223 square feet. The restaurant features 96 licensed seats on the main floor; the lower patio has 50 licensed seats with a concrete covered over-sized walkway and the upper patio features 54 licensed seats. 5 Lock Street boasts a mixed-use property fully rented consisting of a restaurant on the main floor and residential unit upstairs. 5 Canal Street features a completely renovated triplex offering amazing income opportunity. All 3 buildings have had extensive improvements with a reported cost of $2 million dollars. All properties are located within walking distance to the Lakeside Park beach, Harbour Walkway, Rennie Park, Pier Marina, Dalhousie Yacht Club as well as steps from the world famous Royal Henley Regatta. Be a part of the exciting regentrification of beautiful Port Dalhousie, with exciting developments being built bringing ample walking traffic and potential customers, as well as exciting enhancements to Lakeside Park and the Port Dalhousie Piers, Port Dalhousie downtown is undergoing an exciting change and you can be an owner of this eclectic and stunning beachfront community.

Details

MLS#30790443
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Days On Site7

Features

SQ Feet4,732
Story(s)0

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Area Information

ProvinceON
CountyNiagara
CitySt. Catharines
Postal CodeL2N 5B4
AreaSt. Catharines
Listing VS Median (in L2N 5B4)
Price:
$3,999,900
low | high
Med:
$2,084,900
97.876196904923% of Average
SqFt:
4,732
low | high
Med:
2,366
100% of Average
$ / SqFt:
$845
low | high
Med:
$423
100% of Average
On Site:
7
low | high
Med:
14
50% of Average
Listing Updated: 02/21/2020
MLS Number: 30790443
Listing Provided By:
SHAWN DELAAT  of  RE MAX NIAGARA REALTY LTD.
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