22 ACADEMY STREET, St. Catharines (Downtown)

2026-08-11
 

Quick Summary

Location
22 ACADEMY STREET, St. Catharines (Downtown), Ontario L2R4Z6
Price
$1,099,999 CAD
Status:
For Sale
Property Type:
Retail
Area:
10835 sqft

MLS®#X13659796

Property Description

Downtown Mixed-Use Investment Opportunity. Excellent opportunity to acquire a substantial mixed-use property in the heart of downtown. Zoned M2, the building offers approximately 10,835 sq. ft. of above-grade space, along with additional unfinished basement area, providing considerable storage space. The main level features extensive commercial space currently equipped with two commercial kitchens, a full bar, dining areas, and large open areas. With multiple access points, the layout may provide an opportunity to reconfigure the commercial portion into as many as three smaller commercial units, creating the potential for multiple income streams. The second floor contains three residential units, with additional potential for a fourth residential unit on the main floor, subject to applicable approvals. This existing mixed-use configuration provides an opportunity to generate both commercial and residential income while allowing a future owner to further optimize the property. The building is supported by substantial infrastructure, including 400-amp electrical service for the commercial area and 200-amp service for the residential units, an industrial water tank under 10 years old, water filtration system, approximately 1.5-2-inch water feed, two grease traps, basement beverage chillers, and a keg system. Fire and life-safety features include an existing fire safety plan, suppression systems, interconnected fire pulls, and dedicated exits for each residential unit. The property also offers seven on-site parking spaces, complemented by nearby public parking. For qualified purchasers, the seller is open to considering a 3-year Vendor Take-Back (VTB) mortgage. With its downtown location, M2 zoning, substantial floor area, existing mixed-use configuration, and potential for further repositioning, this property presents several possibilities for both current income and future value creation. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Highway, Public Transit

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 10835 sqft
  • Utility Water: Municipal water

Land

  • Land Size: Bldg=79.1 x 132 FT

Zoning

  • Description: M2

Information entered by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Listing information last updated on: 2026-10-12 14:53:29


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