$2,990,000
St. Catharines
31 King Street, St. Catharines (Downtown), Ontario, L2R3H1
This retail property in St. Catharines is for sale offering roughly 5,998 sq ft of space. It has been on the market 61 days, fresher than the St. Catharines average of 72 days.
31 King Street offers an opportunity to acquire a vacant, freestanding former BMO bank in the heart of DowntownSt. Catharines. The asset offers a versatile three-part configuration, including a 5,057-square-foot main floor with a vault, a 941-square-foot mezzanine, and a 5,000-square-foot, elevator-connected finished basement. High ceilings, expansive display windows, and semi-renovated interiors support a wide range of conversion possibilities, from medical and boutique offices to retail with storage, showrooms, or broader adaptive reuse concepts. On-site parking, exceptional visibility at a signalized intersection, and immediate transit access strengthen long-term value. This is an opportunity to reposition a signature downtown building into a modern, high-performing commercial asset. 31 King Street's location enhances its versatility, supported by robust infrastructure, transportation access, and anactive urban setting. Situated within walking distance of the GO Train station, the property serves a growing demographic as younger families continue moving into the area. Its position is near the Niagara Region, and close access to Highway 406 and the QEW strengthens regional connectivity. The area is enriched by cafés, breweries, boutiques, and service-oriented retailers that fuel strong foot traffic. With more than 180,000 residents living within a 10-kilometre radius and annual consumer spending exceeding CA$6 billion, this corridor stands at the heart of a powerful and diverse market. Downtown St. Catharines continues to evolve into a vibrant, mixed-use district, and 31 King Street stands at the heart of that momentum. The surrounding neighborhood features major office users, including Accenture, Grant Thornton, Bell, WSP, City Hall, and a collection of boutique professional firms, which creates a steady daytime population. 31 King Street offers investors the chance to shape a flexible, future-forward commercial destination within a a thriving downtown area. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 61 days on market, against an average age of 72 days across the listings currently for sale in this city
This retail in St. Catharines (Downtown) has been listed for 61 days, which is 11 days fresher than the city average of 72. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,990,000, about 48.9× the local median household income of $61,200.
Carrying it typically needs a household income of about $584,052 (20% down, 25-yr amortization, stress-tested) — roughly 854% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2R)
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