For Sale · Office

2ND FLOOR - 236 GLENRIDGE AVENUE, St. Catharines (Glendale/Glenridge)

2ND FLOOR - 236 GLENRIDGE AVENUE, St. Catharines (Glendale/Glenridge), ON L2T3J9

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

86%

About this property

Discover an exceptional opportunity to launch or expand your business in this versatile 2,788 sq. ft. commercial space, ideal for office, retail, professional services, and a variety of business uses. Strategically located along a high-traffic corridor just minutes from downtown St. Catharines, Brock University, and the Pen Centre, offering excellent visibility and accessibility. Situated in an established commercial area with ample on-site parking and convenient access to Highway 406 and the QEW. The flexible layout can accommodate various business needs, with potential for smaller unit configurations. Fully finished and move-in ready, saving you time and renovation costs! Now offered at $4,950 per month, including 2026 property taxes and utilities! An excellent opportunity for businesses looking for a convenient, affordable, and ready-to-occupy commercial location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

98,203

Households

38,979

Median income

$135,000

Median age

34.6

Daytime population

101,571

5-yr growth

2.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2ND FLOOR - 236 GLENRIDGE AVENUE, St. Catharines (Glendale/Glenridge).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.