$649,000
Available - For Sale
Listing ID: X11920367
155A Lake St , St. Catharines, L2R 2B9, Ontario


Quick Service Restaurant (QSR) with Property available in St. Catharines ON! Very unique opportunity for restauranteurs, franchises, and operators to obtain a fixtured restaurant and be their own landlord. Payoff a mortgage instead of rent. Located in central St. Catharines in the Shipman neighbourhood and close to Highway 406 and the QEW, this is a great location for all kinds of restaurant and take-out businesses. Currently operating as Lake Street Subs & Creamery and available with training, or you convert this into your own concept, cuisine, or franchise.
Extras:   Corner location with a 950 Sq Ft interior and private parking lot for 5 cars. Full lease equipment and leaseholds with an 8-foot commercial hood in the kitchen. Tons of signage and fully licensed for restaurant use. Please do not go direcT.
Price $649,000
Taxes: $5290.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 155A Lake St , St. Catharines, L2R 2B9, Ontario
Postal Code: L2R 2B9
Province/State: Ontario
Legal Description: PT LT 2 CY PL 43 GRANTHAM PT 1, 30R1018;
Lot Size: 38.70 x 90.03 (Feet)
Directions/Cross Streets: Lake & Dufferin St
Category: With Property
Use: Fast Food/Take Out
Building Percentage: N
Total Area: 950.00
Total Area Code:  Sq Ft
Retail Area: 950
Retail Area Code: Sq Ft
Area Influences: Major Highway   Rec Centre
Business/Building Name: Lake Street Subs & Creamery Inc.
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 6
Hours Open: 11-7
Employees #: 2
Seats: 14
LLBO: N
Sprinklers: N
Washrooms: 1
Outside Storage: Y
Rail: N
Crane: N
Soil Test: N
Volts: 100
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY
Personal Picture
Kambiz Farsian
Sales Representative
Dir:
416-317-4438
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Com - Sale Of Business
Area: Niagara
Municipality: St. Catharines
Neighbourhood:
Style:
Lot Size: 38.70 x 90.03(Feet)
Approximate Age:
Tax: $5,290
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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