Zoned C4 Neighbourhood Commercial with Income Potential
2,315 SF Commercial building on 0.326 acres built in 1992 with 12 paved parking spaces currently operating as an Avondale. Unit 1 is 1,940 SF and Unit 2 is 375 SF and vacant. Zoned C4 Neighbourhood Commercial with Nearby access to 406 and 58 highways, major shopping, and amenities. Official Plan is noted as Urban Living Area. Unit 1 currently tenanted on a 3 year term expiring December 2022 with 1 x 3 year renewal option and first right of refusal. Environmental Assessment study completed Feb. 2021 for the reconstruction of St. David’s Road and Townline Road, bordering the cities of St. Catharines and Thorold. The study recommendation would realign St. David Street West to tie into St. David’s Road-Townline Road West, at a 900 four-way stop-controlled intersection impacting the subject plaza and requiring additional property (approx. 0.08 acres subject to Buyer's own due diligence).