116 St Paul Street, St. Catharines (Downtown) - Business for Sale
116 St Paul Street, St. Catharines (Downtown), Ontario, L2R3M2
This business in St. Catharines is for sale offering roughly 1,500 sq ft of space. It has been on the market 59 days, fresher than the St. Catharines average of 73 days.
Description
** CAN BE CONVERTED**Turnkey U Need A Pita Franchise For Sale Prime St. Catharine's Location -An Exceptional Opportunity To Acquire A Profitable, Well-Established U Need A Pita Franchise In The Heart Of The Vibrant Downtown Core Of St. Catharine's. Ideally Situated At The High-Traffic Intersection Of Queen Street and St. Paul. St. Paul Street Is The City's Main Commercial Strip, Surrounded By Popular Restaurants, Cafes, Shops, Nightlife, And Cultural Attractions. Just Minutes From Brock University's Marilyn I. Walker School Of Fine & Performing Arts, Offering Excellent Visibility And Consistent Customer Flow. Unbeatable Location Absentee Owner Key Highlights: Prime Location: A Popular Destination For A Wide Variety Of Pitas, Burgers, Wraps, Poutines Strong Financial Performance Monthly Sales: Approx. $27,000 - $30,000Rent: Approx. $3350/Month Inc. TMI Long Lease Term Royalty Fee: 4.5%Advertising Fee: 1.5%Store Area: Approx. 1500 Sq. Ft. Don't Miss This Opportunity! (id:66096)
Property Details
- MLS®
- X13754992
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commerical
- Interior Size
- 1,500 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 59 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 59 days on market, against an average age of 73 days across the listings currently for sale in this city
This business in St. Catharines (Downtown) has been listed for 59 days, which is 14 days fresher than the city average of 73. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L2R)
This home lists at $89,000, about 1.5× the local median household income of $61,200.
Carrying it typically needs a household income of about $17,385 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $61,200
- Population
- 25,558
- Median age
- 40.4
- Owner / renter
- 50% / 50%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA L2R)
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$89,000
St. Catharines