22 Academy Street, St. Catharines, ON L2R 4Z6
St. Catharines
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 22 Academy Street, St. Catharines, ON L2R 4Z6
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MLS# X12855940
Listed by ROYAL LEPAGE NRC REALTY
On market since Mar 6, 2026
What comparable homes actually sold for in the last 12 months.
22 Academy Street, St. Catharines, ON L2R 4Z6 is listed for $1,189,000 CAD.
22 Academy Street, St. Catharines, ON L2R 4Z6 is a Commercial Retail, 10,835 sq ft.
22 Academy Street, St. Catharines, ON L2R 4Z6 is in St. Catharines, Ontario.
22 Academy Street, St. Catharines, ON L2R 4Z6 is currently for sale.
The annual property taxes on 22 Academy Street, St. Catharines, ON L2R 4Z6 are approximately $28,651 CAD.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 22 Academy Street, St. Catharines, ON L2R 4Z6 (MLS# X12855940). You can also send a message through the contact form on this site.
