Log In/Sign Up
Your email has been sent.
14-18 Secord Dr 7,800 SF Retail Building St Catharines, ON L2R 5X4 $1,900,000 CAD ($243.59 CAD/SF) 6.68% Cap Rate
INVESTMENT HIGHLIGHTS
- Great investment opportunity
- All lease agreements have options to extend
- The building is currently demised into three units — a steakhouse restaurant, bakery/commercial kitchen, and salon.
- 41 Parking stalls (5.6 per 1,000 sf)
EXECUTIVE SUMMARY
Recent building improvements include: Metal Roofing at front of building, Front Façade Stucco, Exterior Doors for Restaurant, Restaurant Bathrooms, New HVAC in Kitchen Unit (Furnace, AC, Ductwork), Complete Upgraded Electrical with New Sub-Panel in Kitchen Unit.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,800 SF
Building Class
B
Year Built
1973
Price
$1,900,000 CAD
Price Per SF
$243.59 CAD
Cap Rate
6.68%
NOI
$127,000 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.52 AC
Zoning
E1 - Business Commercial Employment
Parking
41 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
187’ on Secord Dr
AMENITIES
- Restaurant
- Signage
- Tenant Controlled HVAC
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
14-18 Secord Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.