5 Race Street

Original Remarks

Excellent opportunity for an owner-occupier or investor to acquire a flexible mixed-use building in downtown St. Catharines. Currently configured into five units, including a two-bedroom residential suite, this property offers immediate income with the ability to occupy space for your own business while benefiting from rental revenue. All tenants are on month-to-month leases, providing maximum flexibility to reposition the building, adjust rents, or reconfigure the layout. The existing configuration lends itself well to a "run your business and collect income" model, with additional upside through the potential to convert one or more units to residential use. Strategically located just seconds from Highway 406, the property offers excellent accessibility without the congestion of St. Paul Street, while remaining within close proximity to the downtown core and its amenities. On-site parking includes two spaces at the front and 11+ additional spaces along Head Street under a long-term arrangement. This is a well-maintained building with strong fundamentals, flexible tenancy, and value-add potential in a growing urban location.