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Home ON St. Catharines - Niagara St. Catharines Downtown St. Catharines
5 RACE STREET
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5 RACE STREET $1,950,000
18 hours ago
$1,950,000
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5 RACE STREET
St. Catharines (Downtown), Ontario L2R3M1

MLS® Number: X12156727

Listing Description

An exceptional opportunity to acquire a solidly built commercial office and mixed-use building in the heart of downtown St. Catharines. This well-maintained property is currently divided into five tenant spaces, including a spacious two-bedroom residential unit that could easily be converted into additional office space. The layout offers strong potential for reconfiguration, with the ability to accommodate six or more individual tenant areas, making it ideal for investors or business owners seeking flexibility and future growth. Located just seconds from the 406 Highway, the property provides excellent accessibility without the congestion of Saint Paul Street. Its proximity to the downtown core allows for easy access to amenities while still offering quick in-and-out convenience for tenants and clients. There are two parking spaces out front and parking for 11+ cars on the Head Street side of the building on a long term lease. All existing tenants are on month-to-month leases, providing immediate income with the freedom to restructure lease terms, adjust rents, or occupy part of the building as needed. This is a rare chance to own a versatile and strategically positioned commercial asset in a growing urban center. With its solid construction, adaptable layout, and unbeatable location, this property represents exceptional value and long-term potential. (40487502)

Location Description

Geneva and Race

Property Summary

Property Type
Office
Building Type
Offices
Community Name
451 - Downtown
Land Size
46.15 x 85 FT
Age Of Building
16 to 30 years
Annual Property Taxes
$19,600
Time on REALTOR.ca
18 hours

Building

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

Measurements

Square Footage
6500 sqft

Land

Lot Features
Frontage
46 ft ,1 in
Land Depth
85 ft
Other Property Information
Zoning Description
M2
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
Michelle Chappell