412 Derby Road, Fort Erie (Crystal Beach) - Business for Sale
412 Derby Road, Fort Erie (Crystal Beach), Ontario, L0S1B0
Description
Sublife: A Sandwich Joint is a pop culture inspired sandwich shop located in the heart of downtown Crystal Beach and operating under the same ownership as nearby Shaka. Located within the popular Hotel Philco complex just steps from the waterfront, this quick service restaurant benefits from strong tourism traffic and a loyal local following in one of Ontario's premier beach towns. Easy to staff and manage 650 Sq Ft layout designed for efficient counter service operations with seating for 4 facing the street and excellent pedestrian exposure. Available individually or together with Shaka and ideal for owner operators looking for a compact and profitable hospitality business with strong branding and atmosphere. Amazing below market lease rate of $1,600 Gross Rent including TMI with 3 + 3 years remaining. Great frontage and visibility in a busy downtown location with year-round activity and heavy seasonal tourism traffic. Please do not go direct or speak to staff.. (id:66096)
Property Details
- MLS®
- X13527330
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Business Commercial
- Bathrooms
- 1
- Lot Size
- 120 × 221 ft (26,559 sq ft)
- Frontage
- 120 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 121 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 121 days on market, against an average age of 84 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Fort Erie (Crystal Beach) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L0S)
This home lists at $99,000, about 1.0× the local median household income of $95,000.
Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $95,000
- Population
- 60,409
- Median age
- 53.2
- Owner / renter
- 87% / 13%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA L0S)
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$99,000
Fort Erie