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$17,999,000
1 Day On Site

271 Merritt Street
St. Catharines, ON L2T 1K1

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
59,379
SqFt
$303
/SqFt
County:
Niagara
Call Now: 647-909-3337
Is this the listing for you? We can help make it yours.
647-909-3337
271 Merritt Street271 Merritt Street271 Merritt Street271 Merritt Street
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Monthly Payment (Est.)

$82,119
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This is a rare chance to acquire one of Niagara’s most iconic and versatile income-producing properties. Steeped in history yet fully modernized, this stunning ~60,000 sq ft commercial complex offers a dynamic blend of revenue streams across hospitality, retail, professional offices, and event space. Anchored by a thriving boutique hotel and established hospitality venues, the property delivers stable, long-term tenancy and consistent returns. Set on nearly 4.5 acres at the high-traffic corner of Glendale Avenue and Merritt Street, the site impresses with over 300 parking spaces, manicured landscaping, and outstanding curb appeal. The building’s remarkable adaptive reuse showcases timeless architecture alongside exceptional functionality — from hotel suites and a grand ballroom to restaurant, retail, and office uses. The result is a one-of-a-kind landmark commercial destination and a cornerstone investment. For those seeking growth, the property comes with site plan approval for a 5-storey, 170,000+ sq ft expansion, with infrastructure already in place to support the build-out on top of the existing structure to the north of the hotel. This presents extraordinary upside above the pro forma 6%+ cap rate, whether for a hands-on investor looking to add value or a portfolio owner seeking a flagship asset with future development capacity. The location is second to none — in the heart of a thriving commercial corridor surrounded by RBC Royal Bank, Sobeys, Canadian Tire, The Keg, the LCBO, and more. Situated next door to the new Merritton Mills development, the site benefits from strong built-in demand and an expanding customer base. Only 500 metres to Highway 406 and minutes to the QEW and Highway 405, the property offers effortless connectivity across Niagara, Hamilton, and the Greater Toronto Area. This is a truly exceptional opportunity — whether as a generational cornerstone for an active investor or as a marquee addition to an established portfolio.

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Listing Snapshot
Price 
$17,999,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
59,379 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
4.461 Acres
Year Built 
N/A
MLS® Number 
40763672
Status 
Active
Property Tax 
$258,446.85
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
4.461
Cross Street 
Glendale Avenue
Number Of Stories 
3
Parking Spaces 
319
Property Sub Type 
Mixed Use
SqFt Total 
59379
Water Source 
Public
Zoning 
M1 - Medium Density Mixed
Interior Features
Basement 
Full
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Exterior Features
Frontage 
205.79
Lot Features 
Irregular Lot
Community Features
HOA Fee Frequency 
Monthly
MLS Area 
St. Catharines

Neighborhood & Commute
Source: Walkscore
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