149 LAKE STREET
St. Catharines (Downtown), Ontario
MLS® X14175354
$699,000
- Status
- Active
- Property type
- Office
- MLS® number
- X14175354
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 40Listing description
Opportunities like this rarely hit the market. 149 Lake Street occupies a premium, high-visibility corner at Lake & Beech St, entering downtown St. Catharines, and is now available with vacant possession.
Quality commercial buildings in this location are tightly held, and when one becomes available, it does not stay available for long. Prominent, versatile and ready for its next owner, this two-storey mixed-use building offers 1975 square feet of functional space. The M1 zoning provides exceptional flexibility across commercial and residential uses, permitting professional office, retail, cafe, restaurant and similar uses, in addition to residential.
It is an exceptional fit for professional owner-operators, accountants, lawyers, financial advisors, medical professionals and established local businesses, who are ready to invest in owning their own premises, rather than continuing to lease. For an investor, it offers conversion and income potential in a proven commercial location. Long home to an established professional insurance practice, the main floor is configured for office use, while the upper floor presents a compelling residential conversion opportunity above the commercial space.
The lower level is protected by a $15,000 basement waterproofing system, installed proactively and complete with a new sump pump. Upgrades include: roof replacement in 2017, main plumbing stack replaced in 2026 and fencing dating to 2018. On-site parking handles five vehicles, with room for up to ten.
The existing sign post stays for your business signage. Make this prime corner the new home of your business.
Property summary
- MLS® number
- X14175354
- Property type
- Office
- Building type
- Offices
- Size
- 1,975 sq ft
- Land size
- 24.44 x 13.5 M
- Annual property taxes
- $7,980.00
- Parking
- 5 spaces
- Days on market
- 1 day
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $699,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE, NIAGARA FALLS.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.