22 Academy Street
451 - Downtown
St. Catharines
L2R 4Z6
$1,275,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12855940
- Photos (50)
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If you have been waiting for a downtown asset with scale, flexibility, and real upside, this is the one for you! Zoned M2 and located in the heart of downtown, this high-visibility property offers approximately 10,835 sq ft above-grade plus unfinished basement space. The main floor is currently configured with 2 commercial kitchens, a full bar, dining areas, and expansive open zones. Multiple entrances support strategic reconfiguration, including the potential to divide the space into 3 micro commercial units, opening the door to diversified revenue streams and stronger long-term stability for tenants and ownership alike. The second floor includes 3 residential units, with potential to add a 4th unit on the main level, strengthening the overall income profile. The existing mixed-use layout provides opportunities for immediate revenue while leaving room to optimize and intensify over time. From a systems standpoint, the infrastructure is already in place to support commercial-scale operations. The building is well-equipped with 400amp service to the commercial space and 200amp to the residential units. It also includes an industrial water tank under 10 years old, a water filtration system, approximately 1.5 to 2-inch water feed, 2 grease traps, basement chillers for pop guns, and a bar keg setup. Fire safety measures are in place with a fire safety plan, suppression systems, interconnected fire pulls, and dedicated exits for each residential unit. Additionally, 7 on-site parking spaces plus ample nearby public parking further support commercial and residential use. To support the next stage of development or repositioning, the seller is open to a 3-year VTB. The rare combination of zoning, square footage, and central positioning creates multiple avenues for income today and development potential for tomorrow.
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Total Area:
- 10835 sq. ft. Square Feet
- Total Area:
- 10,835 sq. ft.1,007 m2
- Retail Area:
- 6310 sq. ft. Sq Ft
- Office/Apt Area:
- 4525 sq. ft. Sq Ft
- Lot Depth:
- 132'40.2 m
- Lot Frontage:
- 79'1"24.1 m
- Water supply:
- Municipal
- Zoning:
- M2
- Heating type:
- Other
- Garage:
- None
- Parking Spaces:
- 7
- Possession Details:
- Immediate
- HST Applicable To Sale Price:
- In Addition To, Included In, Not Subject to HST
- Assessment Year:
- 2025
- Type Taxes:
- Annual
- Taxes:
- $28,651 / 2025
- Assessment:
- $- / 2025
- Niagara
- St. Catharines
- 451 - Downtown
- Major Highway, Public Transit
- Partial
- Residential tenant personal belongings.
- Utilities:
- Available
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Category:
- Multi-Use
- Date Listed:
- Mar 06, 2026
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Listed by ROYAL LEPAGE NRC REALTY
Data was last updated March 7, 2026 at 04:15 PM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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