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BrokerStudio
Suite of tools & services
Benefits
Sq. Ft. Rate
$20
Lease Rate
N/A
Space Size
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Year Built
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Premise Summary
Prime Commercial Space in High-Traffic Area | Zoning: C3 Arterial Commercial. An exceptional opportunity to lease 5,344 sq.ft. of versatile commercial/retail space located on 1.65 acres in a high-traffic area along Ontario Street, offering great exposure and situated next to McDonalds, providing ample foot and vehicle traffic. The location has excellent accessibility, being in close proximity to QEW highway access and less than 2 km from Downtown St. Catharines.The property offers ceiling height of 13 feet (to the underside of the beam) and 1 truck-level loading dock for easy access. It features common outside surface parking with ample space. Recent upgrades include a new roof, three new 7.5-ton HVAC units, and a freshly painted exterior. This prime location provides strong visibility and convenient parking, making it an ideal leasing opportunity! (id:39198)
Location
Province
Ontario
City
St. Catharines
Address
Unit 3 - 387 Ontario Street
Postal Code
L2R5L3
Location Highlights
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Listed by
OUR NEIGHBOURHOOD REALTY INC. Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
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Tenancy
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Space Size
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Available Space
N/A
Building Size
5,344
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
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Current Owner - years
N/A
FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Sq. Ft. Rate
$20
Asking Price
$20
Rate/yr
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Floor of Lease
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
5,344
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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