Located in St. Catharines, detached 2 Storey building, fully rented to medical clinic and Pharmacy. Excellent income of $90,000 annually with ten (10) Year Triple net Lease, with excalation of rents. Won't find a deal like this at 10% guaranteed return on cash investment. Recession proof income. Lease term may be re-negotiated. (id:62616)
MLS® Number | X12173852 |
Property Type | Retail |
Community Name | 451 - Downtown |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 2,368 Ft2 |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 111 Ft ,6 In |
Size Frontage | 59 Ft |
Size Irregular | 59 X 111.55 Ft |
Size Total Text | 59 X 111.55 Ft |
Zoning Description | C1 |
https://www.realtor.ca/real-estate/28367997/7-welland-avenue-st-catharines-downtown-451-downtown
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