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Price: $210,000
Status: Active
MLS® #: 20146552
Address: 482 MERRITT ST
City: ST. CATHARINES, L2P 1P3
Side of Road: East
Lot Size/Acreage: 47.50 X 122 IRR
Square Footage +/-: 2,900
Lot Frontage: 47.50
Out.Dim.:
Exposure:
District: 04
Sub-Dist: 450
Specific Zoning: CR
Possession: 30-60 DAYS
   
Ad Copy Owner has retired. This clean well maintained two storey Commercial/Residential building was run as a successful business for over 50 year. Located in a high traffic, well established area of St. Catharines. The prudent Buyer will see the potential of this property as either a perfect work/live scenario or as a good investment with potential rental income. The commercial main floor space is +/- 1,554 sf of cleared open space with a 10ft drive in door for delivery. The second floor spacious residential unit is +/- 1,156 sf with +/-258 sf of storage space which could be converted into an additional bedroom. The residential unit features living room, eat in kitchen, 2 bedrooms, walkout to deck and large combination dining room/family room. The yard is fully fenced.
Type: Comm. Living Quarters, Commercial Retail
Sale/lease: For Sale Only
Tenure: Freehold
Property Size: Under 0.5 Acres
Access/Restrictions:
Site Influence: Fenced, High Traffic Location, Public Transportation, Shopping Nearby
Heating: Natural Gas
Fire Protection: Smoke Detector
Services: 220 Volts, Bus Service, Garbage Pick-Up, Natural Gas, Street Lights
Rental Equipm.: Hot Water Tank
Documents:
Exterior Features: Doors Under 10 ft., Fully Fenced, Signs Allowed
Driveway/Parking: Asphalt
Construction: Block, Brick
Interior Features: Air Conditioning - Full, Floor Drains, Living Accommodations, Store Front
Roof: Asphalt Shingle
Floor: Concrete, Wood
Inclusions
Exclusions
Floors:
Rental Income: POTENTIAL
Building Age +/-: 57
Sign: Yes UFFI: NO
Lockbox: No SPIS:
Garage: No Gar.Details:
Waterfront: No Water:
Parking: Yes Park.Dim.: Asphalt - +/- 5 spaces
Type Net Rental Area Rental Rate Total/Yr Lease Expiry

Heating: Prop.Taxes: Bus.Tax:
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Lease Type:    
Assessment: $ Taxes: $5388.21 (2011) Local Improvements:
Mortgage 1 Information Mortgage 2 Information
Mortgagee: Mortg.Rate:
Mortg.Amount: $ Due Date:
Payment (PI): $ Payment (PIT): $
Subj.to Verif.:  
Mortgagee: Mortg.Rate:
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Listing Office: ROYAL LEPAGE NIAGARA R.E. CENTRE, BROKERAGE- MAYWOOD - 2129 :
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Compliments of:   DOUG MCNAUGHTON, Sales Person: 905-688-4561
E-mail:   dbm@niagararegioncommercial.com
Website:   http://www.niagararegioncommercial.com/
Company Name:   ROYAL LEPAGE NIAGARA R.E. CENTRE, BROKERAGE- MAYWOOD - 2129, INDEPENDENTLY OWNED AND OPERATED: 905-688-4561
Website:   http://www.homesniagara.com/
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The information on this site is from sources believed to be reliable. This information should not be relied upon by a buyer without personal verification. The brokers/agents and members of the Niagara Association of REALTORS® assume no responsibility for its accuracy. (29-SEP-2011 19:55 EDT)