77 Ontario Street, St. Catharines | Image 1

77 Ontario Street

St. Catharines, 451 - Downtown

  • Commercial

$X,XXX,XXX
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: C5-92

  • Age: No Data

  • Taxes: 13273.69

  • MLS®#: X9412679

  • Days on Site: 50 Days

  • Added: Aug 29, 2024 (1 month ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: COSMOPOLITAN REALTY

Unlock the potential of 77 Ontario Street, a prime investment opportunity in the heart of St. Catharines' booming downtown the largest and most vibrant city in Niagara. Surrounded by thriving businesses, top attractions, and a lively restaurant scene, this landmark property is ideally positioned to capitalize on the area's growth. With flexible C5 zoning, the possibilities are endless imagine a high-end restaurant, boutique hotel, luxury apartments, or a premier event venue. The property features a unique layout with a licensed occupancy of 374 people, including a fully equipped kitchen, multiple dining rooms, upper and lower lounges, private meeting rooms, and a newly built outdoor patio. Over the past five years, significant renovations have been completed, including a new roof, advanced fire systems, modern flooring, and state-of-the-art kitchen equipment, ensuring the property is move-in ready. The nearly finished rooftop patio adds even more revenue potential. With ample parking and a prime location, this high-visibility site ensures steady traffic and maximum exposure. Whether you're looking to revitalize this historic gem or launch a new venture, 77 Ontario Street offers a rare opportunity to invest in a city on the rise.

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: St. Catharines

  • Community: 451 - Downtown

  • Availability Date: IMMED

  • Assessment Amount: $810,000

  • Assessment Year: 2024

Building

  • Basement: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 1163, 1174 CP PL 2 GRANTHAM; ST. CATHARINES

  • Taxes: $13,274

Land

  • Cross Street: Ontario St. at the s

  • Municipality District: St. Catharines

  • Parcel Number: 461830117

  • Sewer: Sewers

  • Lot Depth: 270.02 Acres

  • Lot Frontage: 77.9 Acres

  • Zoning: C5-92

Commercial Specific

  • Total Area: 8747

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

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