$1,189,000
FOR SALE

Commercial/Retail

Lot: 79.08 x 132 ft

22 Academy Street
St. Catharines (Downtown), ON L2R 4Z6

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. (id:47421)
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Listed By ROYAL LEPAGE NRC REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12855940
Last Updated Apr 21, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Community 451 - Downtown
Price History

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Detailed Information
Lot 79.08 x 132 ft
Amenities Nearby Highway, Public Transit
Listing Contract Date 2026-03-06
Location Description ACADEMY ST. & KING ST.
# of Parking Spaces 7
Property Type Retail
Transaction Type For sale
Zoning Description M2
Building
Cooling Type Fully air conditioned
Heating Type Other
Size (Exterior) 10835 square feet
Utility Water Municipal water
Land
Total Size Bldg=79.1 x 132 FT
Amenities Highway, Public Transit
Size of Irregular Land Bldg=79.1 x 132 FT

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