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144 LAKE STREET, St. Catharines (Downtown)

144 LAKE STREET, St. Catharines (Downtown), Ontario

$249,000

MLS® X13883618

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! Locatedat 144 Lake Street, this popular pizza and sub restaurant offers excellent exposure on a busymain road, surrounded by established residential neighbourhoods and local businesses, withconvenient access to downtown, public transit and the QEW. Enjoy the added convenience ofon-site parking for owners and customers! Offering seating for 24 guests along with takeout anddelivery services, the restaurant features delicious family recipes, top-rated pizzas, subs andlighter menu options, supported by a loyal customer base and an impressive 4.4-star Googlerating with 415 reviews! The current owners have invested $16,000 in recent upgrades. Anattractive lease is in place with low monthly rent of $2,100 including HST. The seller iswilling to provide one month of training to ensure a smooth transition for the new owner. Listof chattels and equipment will be provided with an offer. Financial statements available uponsigning a Confidentiality Agreement. An excellent opportunity to step into an establishedrestaurant business in a desirable St. Catharines location! PLEASE DO NOT GO DIRECT OR SPEAK TOEMPLOYEES. (id:56426)

GURV DHILLON

Listed by RE/MAX EXCELLENCE REAL ESTATE

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The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
11,075
Median household income
$65,364
Median home value
$441,070
Owner-occupied
56%
Homes for sale
90
Median list price
$479,000

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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