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Renanza Realty
For sale

144 LAKE Street

St. Catharines, Ontario

MLS® 40870461

$249,000

Status
Active
Property type
Business
MLS® number
40870461
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

OVER 30 YEARS IN BUSINESS WITH LOW MONTHLY RENT! Rare opportunity to own a well-established, turnkey LLBO-licensed restaurant, Maestro's Pizzeria, in the heart of St. Catharines!

Located at 144 Lake Street, this popular pizza and sub restaurant offers excellent exposure on a busy main road, surrounded by established residential neighbourhoods and local businesses, with convenient access to downtown, public transit and the QEW. Enjoy the added convenience of on-site parking for owners and customers! Offering seating for 24 guests along with takeout and delivery services, the restaurant features delicious family recipes, top-rated pizzas, subs and lighter menu options, supported by a loyal customer base and an impressive 4.

4-star Google rating with 415 reviews! The current owners have invested $16,000 in recent upgrades. An attractive lease is in place with low monthly rent of $2,100 including HST.

The seller is willing to provide one month of training to ensure a smooth transition for the new owner. List of chattels and equipment will be provided with an offer. Financial statements available upon signing a Confidentiality Agreement.

An excellent opportunity to step into an established restaurant business in a desirable St. Catharines location! PLEASE DO NOT GO DIRECT OR SPEAK TO EMPLOYEES.

Property summary

MLS® number
40870461
Property type
Business
Days on market
0 days

Features & details

Basement
None
Lot features
Southern exposure, Visual exposure

What would this home cost you?

Based on the $249,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,159 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Re/Max EXCELLENCE REAL ESTATE BROKERAGE, Mississauga.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.