Added 2 months ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Hospitality/Food Related
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Zoning: C5-92
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Age: No Data
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Taxes: 13273.69
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MLS®#: X9354626
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Days on Site: 69 Days
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Added: Sep 11, 2024 (2 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: COSMOPOLITAN REALTY
Unlock the potential of 77 Ontario Street, a prime investment opportunity in the heart of St. Catharines'booming downtownthe largest and most vibrant city in Niagara. Surrounded by thriving businesses, topattractions, and a lively restaurant scene, this landmark property is ideally positioned to capitalize on thearea's growth. With flexible C5 zoning, the possibilities are endlessimagine a high-end restaurant, boutiquehotel, luxury apartments, or a premier event venue. The property features a unique layout with a licensedoccupancy of 374 people, including a fully equipped kitchen, multiple dining rooms, upper and lower lounges,private meeting rooms, and a newly built outdoor patio. 30 parking spaces included . Over the past five years, significant renovations havebeen completed, including a new roof, advanced fire systems, modern flooring, and state-of-the-art kitchenequipment, ensuring the property is move-in ready. The nearly finished rooftop patio adds even more revenuepotential. With ample parking and a prime location, this high-visibility site ensures steady traffic andmaximum exposure. Whether you're looking to revitalize this historic gem or launch a new venture, 77Ontario Street offers a rare opportunity to invest in a city on the rise.
Property
Status: Sale
Type: Hospitality/Food Related
Property Type: Commercial/Retail
Property Type: Retail
Area: St. Catharines
Community: 451 - Downtown
Availability Date: Immediate
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Elevator: None
UFFI: Part Removed
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2023
Tax Legal Description: LT 1163, 1174 CP PL 2 GRANTHAM; ST. CATHARINES
Taxes: $13,274
Taxes Type: Annual
Land
Cross Street: Ontario St. at the s
Municipality District: St. Catharines
Parcel Number: 461830117
Sewer: Sanitary
Lot Depth: 270.02 Acres
Lot Frontage: 77.9 Acres
Zoning: C5-92
Commercial Specific
Rail: N
Retail Area: 8747
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 8747
Total Area Metric: Sq Ft
Area Influence: Public Transit
Lot Code: Lot
St Nicholas Catholic Elementary School
Elementary: CatholicEdith Cavell Public School
Elementary: PublicÉÉC Immaculée-Conception
Elementary: CatholicSt Denis Catholic Elementary School
Elementary: CatholicSt Anthony Catholic Elementary School
Elementary: CatholicHarriet Tubman Public School
Elementary: PublicDSBN Academy
Secondary: PublicSt Catharines Collegiate Institute and Vocational School
Secondary: PublicLaura Secord Secondary School
Secondary: PublicEden High School
Secondary: PublicSir Winston Churchill Secondary School
Secondary: PublicDenis Morris Catholic High School
Secondary: Catholic
