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31 King St 941 - 10,998 SF of Retail Space Available in St Catharines, ON L2R 6W7
HIGHLIGHTS
- 31 King Street is a former BMO bank with an 11,008-square-foot versatile multi-level layout with high ceilings, display windows, and on-site parking.
- Steps from the GO Train station and near Highway 406 and the QEW, benefiting from strong foot traffic, dynamic retailers, and a growing population.
- Renovated interiors, mezzanine, and elevator-connected basement create adaptable space ideal for medical, retail, boutique office, or showroom uses.
- Surrounded by major employers such as Accenture, Grant Thornton, Bell, WSP, and City Hall, and a collection of boutique professional firms.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 5,000 SF | 3-5 Years | $10.00 CAD/SF/YR $0.83 CAD/SF/MO $50,000 CAD/YR $4,167 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 5,057 SF | 3-5 Years | $22.00 CAD/SF/YR $1.83 CAD/SF/MO $111,254 CAD/YR $9,271 CAD/MO | Triple Net (NNN) | ||
| Mezzanine | 941 SF | 3-5 Years | $12.00 CAD/SF/YR $1.00 CAD/SF/MO $11,292 CAD/YR $941.00 CAD/MO | Triple Net (NNN) |
Basement
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Can be combined with additional space(s) for up to 10,998 SF of adjacent space
- Central Air and Heating
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Can be combined with additional space(s) for up to 10,998 SF of adjacent space
- Central Air and Heating
Mezzanine
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Can be combined with additional space(s) for up to 10,998 SF of adjacent space
- Central Air and Heating
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 10,998 SF | Gross Leasable Area | 9,793 SF |
| Property Type | Retail | Year Built | 1963 |
| Property Subtype | Bank | Parking Ratio | 0.55/1,000 SF |
| Total Space Available | 10,998 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 9,793 SF |
| Year Built | 1963 |
| Parking Ratio | 0.55/1,000 SF |
ABOUT THE PROPERTY
31 King Street presents the opportunity to lease a prominent freestanding former BMO bank in the heart of Downtown St. Catharines. The building features a versatile three-part layout, including a 5,057-square-foot main floor with a vault, a 951-square-foot mezzanine, and a 5,000-square-foot finished basement connected by an elevator. High ceilings, expansive display windows, and semi-renovated interiors set the stage for medical, retail with storage, boutique office, showroom, or broader adaptive reuse concepts. On-site parking and prominent exposure on a signalized intersection elevate branding potential, while a transit stop at the doorstep ensures accessibility. 31 King Street presents an opportunity to reimagine a signature downtown building into a modern, high-impact commercial space. 31 King Street’s location enhances its versatility, supported by robust infrastructure, transportation access, and an active urban setting. Situated within walking distance of the GO Train station, the property serves a growing demographic as younger families continue moving into the area. Its position is near the Niagara Region, and close access to Highway 406 and the QEW strengthens regional connectivity. The area is enriched by cafés, breweries, boutiques, and service-oriented retailers that fuel strong foot traffic. With more than 180,000 residents living within a 10-kilometre radius and annual consumer spending exceeding CA$6 billion, this corridor stands at the core of a powerful and diverse market. Downtown St. Catharines continues to transform into a vibrant, mixed-use district, and 31 King Street sits at the center of that momentum. The surrounding neighborhood includes major office users such as Accenture, Grant Thornton, Bell, WSP, City Hall, and a collection of boutique professional firms, creating a steady daytime population. 31 King Street is an adaptable commercial space in a thriving downtown setting ready to support the next generation of medical, retail, office, or creative concepts.
- Banking
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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31 King St
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