haho.ca
$2,995,000
For sale

106 Lakeport Road, St. Catharines (Port Dalhousie) - Business for Sale

106 Lakeport Road, St. Catharines (Port Dalhousie), Ontario, L2N4R1

9,700 ft²Listed 59 days ago
Overview

This business in St. Catharines is for sale offering roughly 9,700 sq ft of space.

Description

Rare opportunity in desirable North End, St. Catharines. Former tavern/restaurant offering approximately7,945 sq. ft. of ground-floor commercial space, featuring a full kitchen, large dining and banquet/eventareas, spacious outdoor patio and ample surface parking. Capacity for approximately 300 people provides excellent potential for a restaurant, banquet facility or event venue. The second floor features an additional1,197 sq. ft. 3-bedroom residential dwelling, ideal for an owner/operator or additional income potential. Prominent location surrounded by established residential neighbourhoods and close to amenities. C2zoning offers potential for a variety of uses and future redevelopment. An excellent opportunity for restaurateurs, investors or developers. (id:66096)

Property Details

MLS®
X13750088
Property Type
Business
Zoning
C2
Interior Size
9,700 ft²
Frontage
118 ft
Building Area
9,700 ft²
Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Property Tax
$34,691/yr
Listed
59 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
59d
St. Catharines (Port Dalhousie) listings, avg age
49d
Price / ft²
$309
List price
$3.00M

Long Listed: 59 days on market, against an average age of 49 days across the listings currently for sale in this city

Haho

This business in St. Catharines (Port Dalhousie) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by ENGEL & VOLKERS NIAGARA · Peter Fischer

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2N)

This home lists at $2,995,000, about 38.2× the local median household income of $78,500.

Carrying it typically needs a household income of about $585,028 (20% down, 25-yr amortization, stress-tested) — roughly 645% above the area median.

Median household income
$78,500
Population
30,719
Median age
52
Owner / renter
73% / 27%
Avg. household size
2.2

Source: Statistics Canada, 2021 Census (FSA L2N)

$2,995,000· $309/ft²
For sale

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Financing

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$2,995,000

St. Catharines

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