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Home ON St. Catharines - Niagara Niagara Region St. Catharines Lakeport
14-18 SECORD DRIVE
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14-18 SECORD DRIVE $1,900,000
$1,900,000
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14-18 SECORD DRIVE
St. Catharines (Lakeport), Ontario L2N1K8

MLS® Number: X12440121

Listing Description

Well-maintained, fully leased investment opportunity located in a busy commercial corridor in St. Catharines. Several recent building improvements. WALT of 2.9 years remaining and cap rate of 6.72%. All tenants have lease agreements with rent escalations and options to extend, offering stable income. Ample on-site parking and the current zoning offers a wide range of permitted uses. Contact listing agent for more information and financials. (41381421)

Location Description

Cross Streets: Lake St, Scott St. ** Directions: Secord Dr between Lake St and Scott St.

Property Summary

Property Type
Business
Community Name
443 - Lakeport
Land Size
0.52 ac
Annual Property Taxes
$26,366
Time on REALTOR.ca
74 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Measurements

Square Footage
7800 sqft

Land

Lot Features
Frontage
187 ft ,6 in
Land Depth
120 ft
Other Property Information
Zoning Description
E1 - Business Commercial Employment
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Lucas Lucchetta