Extremely rare investment opportunity with up to 9 rental units, retail, residential, a long established appliance sale/repair business (1976) is included and further possible land development. The property currently includes 3 retail storefronts, one restaurant/bar with parking, 4 residential apartments, a fenced rear compound lot, further parking lot and an onsite detached house with private parking. This exclusive land assembly offering demonstrating pride of ownership, presents a rare opportunity to acquire a strategically assembled portfolio of up to 5 income-producing mixed-use properties stretching over 1 full block of street frontage free city street parking, 198 ft deep lot and a strong combination of commercial and residential revenue streams. Positioned within established and evolving markets on a thriving main arterial route servicing south St. Catharines. The portfolio offers immediate cash flow, long-term stability, and significant upside potential for both private and institutional investors. Buyer to do their own due diligence regarding the potential for a scaled townhouse build at the rear of the property on Walnut Lane. Parking potential or 15 or more vehicles updated furnace and roof, floor plans available.24 hrs notice for showings
Address
333-341 Merritt Street
List Price
$2,500,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
St. Catharines
Sub-Area
456 - Oakdale
Region
Niagara
Lot Size Source
GeoWarehouse
Lot Depth
198.18
Lot Shape
Irregular
Lot Type
Building
Lot Size Units
Feet
Lot Width
132.03
Parcel Number
463380371
Total Building Area
10765
Occupant Type
Owner+Tenant
Cross Street
Glendale
Approx. Age
51 - 99 Years
MLS® Number
X13484124
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Basement
Yes
Postal Code
L2T 1K5
Parking Spaces
15
Tax Amount
$22,037.52
Tax Year
2025
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Niagara Association of REALTORS
Heat Type
Baseboard
Cooling Features
Partial
Garage Type
None
Security Features
No
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