For Sale · Retail

20 ST. PAUL STREET, St. Catharines (Downtown)

20 ST. PAUL STREET, St. Catharines (Downtown), ON L2R3M2

Price on request

750 SF

Asset Class

Retail

Size

750 SF

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

95%

About this property

Turnkey Downtown Wellness Space - Ready for BusinessAn incredible opportunity for wellness, beauty or health professionals looking for a thoughtfully designed, move-in-ready space in the heart of downtown.This beautifully finished wellness space features four private treatment rooms, each designed with functionality and client experience in mind. Every room is soundproofed, individually wired for sound, equipped with its own sink and offers plenty of electrical outlets, making the space ideal for massage therapy, aesthetics, physiotherapy, counselling, holistic treatments, medical wellness or other professional services.The space also features an existing steam spa and fully installed shower, adding tremendous value and opening the door to expanded treatment and service offerings.With the major infrastructure and build-out already completed, this is a true turnkey opportunity for an established practitioner, growing wellness brand or collaborative group looking to create a premium client experience without starting from scratch.Lease: $2,300/monthTenant responsible for utilities.Bring your business, your brand and your clients. The space is ready for what comes next. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy711 SF2034-01

Area demographics

Trade area within 3 miles of the property.

Population

109,288

Households

41,874

Median income

$118,500

Median age

34.8

Daytime population

184,369

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 20 ST. PAUL STREET, St. Catharines (Downtown).

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.