haho.ca
$550,000
For sale

434 Lake Street, St. Catharines (Lakeport) - Business for Sale

434 Lake Street, St. Catharines (Lakeport), Ontario, L2N4H4

2,885 ft²Listed 231 days ago
Overview

This business in St. Catharines is for sale offering roughly 2,885 sq ft of space.

Description

Great opportunity for Good Income and High Volume Convenience Store Combined with 2 Shop in Shop: 1) Fast food "SanaGril l(Shawarma)" and 2) Ice Cream Parlor "Frost and Rollz Ice Cream"(Seasonal), High Volume Convenience Store, Weekly Sales:$15,000-$20,000 + Shawarma Sales: $500-$700/W, +Ice Cream Sales: $20,000/Y, Other income: 1) Lotto Commission: $4,000/M, 2) ATM: $700/M, 3) BTC Rebates: $370/M, 4) UPS/PUDo $500/M, Tobacco Portion: 30% (w/8% CigarSales), N.O.I: $270,000-$290,000, Gross Rent: $6,123(W/TMI), Space: 2,885 Sq Ft, Lease Term: 2.5+ 2x5, 3 Schools Nearby. very Busy Shopping Plaza w/Ample Parking. More Detailed FS information can be provided to serious buyer(s). (id:66096)

Property Details

MLS®
X12897416
Property Type
Business
Business Type
Retail and Wholesale
Zoning
Commercial
Interior Size
2,885 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
231 days ago

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
231d
St. Catharines (Lakeport) listings, avg age
48d
Price / ft²
$191
List price
$550K

Long Listed: 231 days on market, against an average age of 48 days across the listings currently for sale in this city

Haho

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

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · MANUEL CHOI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2N)

This home lists at $550,000, about 7.0× the local median household income of $78,500.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 37% 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)

$550,000· $191/ft²
For sale

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Financing

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$550,000

St. Catharines

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