387-391 St Paul Street

Investment Overview

Avison Young Commercial Real Estate Services, LP (the “Advisor”) has been retained by msi Spergel Inc. in its capacity as Court-Appointed Receiver (the “Receiver”) to advise on the sale of 387-391 St Paul Street, St Catharines, ON (the “Property”).

The Property presents the opportunity to acquire a 2-storey mixed-use building comprised of 2 street-front retail units and 9 residential room units that share common area/facilities (e.g., kitchen, washrooms). The site is 0.087 acres with a 33 ft frontage on St Paul Street providing excellent exposure and signage opportunity for the retail tenants. There are 4 parking spaces at the rear of the building accessible via Court Alley.

The Property is located steps from the Downtown St Catharines Bus Terminal, the First Ontario Performing Arts Centre, the Meridian Centre and the St Catharines Golf and Country Club. Highway 406 is immediately south of the Property providing a convenient connection to the region’s extensive Highway network.