$1,140,000
Available - For Sale
Listing ID: X12643402
99 Lake Street , St. Catharines, L2R 5X5, Niagara
| LOCATION! LOCATION! LOCATION! Exceptional opportunity to own a well-established restaurant business and freehold commercial property at a prime high-visibility corner location in downtown St. Catharines. King Harvest Restaurant & Tavern has been successfully operating for over 34 years with a strong, loyal clientele. This outstanding corner property offers maximum exposure with floor-to-ceiling glass on three sides, capturing continuous traffic along Lake Street and generating steady walk-in business. Features include a mezzanine level for additional usable space and a separate side entrance for convenient access. Zoned M1 zoning is flexible - it supports both commercial and residential in the same zone, encouraging active streetscapes and mixed-use buildings. It's commonly used in areas transitioning from purely residential to a more walkable urban character. offering excellent flexibility for owner-operators and investors. Extras: Price includes property and business, 64-seat capacity, liquor license, and all owned equipment and fixtures. Recently updated commercial kitchen with 16-ft hood fan and suppression system, two electrical panels (100 amps & 200 amps), all in excellent working condition. Located in a high-traffic area close to QEW and Niagara Falls, this is a rare turnkey investment with endless potential. Long-time owner retiring. Motivated Seller - do not miss this exceptional opportunity. |
| Price | $1,140,000 |
| Taxes: | $6526.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner |
| Address: | 99 Lake Street , St. Catharines, L2R 5X5, Niagara |
| Postal Code: | L2R 5X5 |
| Province/State: | Niagara |
| Directions/Cross Streets: | Lake St& Louisa St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 2400.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | KING HARVEST RESTAURANT & TAVERN. |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Employees #: | 2 |
| Seats: | 64 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
| Sewers: | Septic Availabl |
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| BAY STREET GROUP INC. |
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Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Neighbourhood: | 451 - Downtown |
| Tax: | $6,526 |
| Fireplace: | N |
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