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Geneva Square 191 Welland Ave 21,551 SF 88% Leased Retail Building St Catharines, ON L2R 2P2 $6,200,000 CAD ($287.69 CAD/SF) 5.24% Cap Rate

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Investment Highlights

21,551 SF Multi-tenanted Commercial Plaza on 1.90 AC
10 units leased — only 1 unit remaining
On public transit route & easy access to Highway 406

9 existing units and 2 newly built units
Great Exposure Location at the Corner of Geneva Street & Welland Avenue
Brand-new paved parking lot at the rear

Executive Summary

Local St. Catharines established neighbourhood plaza with strong tenant mix and only one vacancy. Two new units of 2,400 sq. ft. each just added to the development in 2025. Frontage on 3 streets at the intersection of Welland Ave. and Geneva and Race St. New Niagara Regional Police offices located across the street. Tim Horton's and Ma Restaurant in local trade area. High traffic counts. Tenant's include dental, Physiotherapy, food, C Store. Current net income $320,000.00. Financials available to all Buyer and Agents upon signing an NDA.

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Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

21,551 SF

Building Class

Year Built

1988

Price

$6,200,000 CAD

Price Per SF

$287.69 CAD

Cap Rate

5.24%

NOI

$325,000 CAD

Percent Leased

88%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.42

Lot Size

1.17 AC

Zoning

CE - Commercial

Parking

80 Spaces (3.71 Spaces per 1,000 SF Leased)

Frontage

323’ on Welland

Space Availability

Space
Size
Space Use
Position
Available

8
2,610 SF
Retail
In-Line
Now

2,610 sq. ft. commercial unit for lease, located in Geneva Square Plaza. Busy plaza in St. Catharines. Shell condition available, ample parking, 1 front door and 1 back door entrances. Handicap accessible washroom. Large frontage and windows for advertising. Available immediately. Plaza tenants include Subway, Dental Clinic, Avondale and more.