7 Welland Avenue, St. Catharines, ON L2R 2L8 (Welland/Thomas)

Price : $799,000.00 , MLS®# : X12367241

Description

Located in St. Catharines, detached 2 Storey building, fully rented to medical clinic and Pharmacy. Excellent income of $80,000 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.

Location Description

Welland/Thomas

Property Details
  • Community: 451 - Downtown
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 3068
Building Features
  • Parking Type : None
Building Features
  • Heating : Gas Forced Air Closed
Land (Lot Features)
  • Frontage: 59 sq.ft
  • Land Depth: 111.55sq.ft

Listing Contracted With: BRIDGECAN REALTY CORP.