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31 King Street

31 King Street

St. Catharines, ON

  • 5,998 sqft
  • Commercial Retail
  • 145 days on market
$3,200,000Price reduced 7%

31 King Street offers an opportunity to acquire a vacant, freestanding former BMO bank (total square footage including basement is 10,998sqft. 5,998sqft above grade + 5000sqft finished basement) in the heart of Downtown St. Catharines. The asset offers a versatile three-part configuration, including a 5,057-square-foot main floor with a vault, a 941-square-foot mezzanine, and a 5,000-square-foot, elevator-connected finished basement. High ceilings, expansive display windows, and semi-renovated interiors support a wide range of conversion possibilities, from medical and boutique offices to retail with storage, showrooms, or broader adaptive reuse concepts. On-site parking, exceptional visibility at a signalized intersection, and immediate transit access strengthen long-term value. This is an opportunity to reposition a signature downtown building into a modern, high-performing commercial asset.31 King Street's location enhances its versatility, supported by robust infrastructure, transportation access, and an active urban setting. Situated within walking distance of the GO Train station, the property serves a growing demographic as younger families continue moving into the area. Its position is near the Niagara Region, and close access to Highway 406 and the QEW strengthens regional connectivity. The area is enriched by cafes, breweries, boutiques, and service-oriented retailers that fuel strong foot traffic. With more than 180,000 residents living within a 10-kilometre radius and annual consumer spending exceeding CA$6 billion, this corridor stands at the heart of a powerful and diverse market. Downtown St. Catharines continues to evolve into a vibrant, mixed-use district, and 31 King Street stands at the heart of that momentum. The surrounding neighborhood features major office users, including Accenture, Grant Thornton, Bell, WSP, City Hall, and a collection of boutique professional firms, which creates a steady daytime population.

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Listing Details

Taxes (2025)
$33,562
Originally Listed
$3,450,000
Listed
April 8, 2026

Price History

Property

Lot Size
87.49 x 120.27 Feet

Parking

Garage
None

Location & Legal

Cross Street
Queens St / King St
Zoning
C5
Parcel Number
462170138
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
Renovated interiors, mezzanine, and elevator-connected basement create adaptable space ideal for medical, retail, boutique office, or showroom uses.

Community

Postal area L2R

Population
25,558
Private dwellings
13,117
Median age
40.4
Average household size
2.1
Median household income
$61,200

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in St. Catharines · last 12 months

Median sold price
$540,000
Homes sold
1,612
Median days on market
26
Sale-to-list price
96.6%

Based on 1,612 recorded sales of commercial properties in St. Catharines over the last 12 months.

Listed by

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Walk Score

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Location

Street View

Commercial figures

Building area
5,998 sq ft
Price per sq ft
$533.51
Annual property tax
$33,562
Tax per sq ft
$5.60

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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