ONNiagaraSt. Catharines45 Geneva Street
45 Geneva Street
Interior view
Interior view
12
For Sale124 days on Market

45 Geneva Street

St. Catharines, ON, L2R 4M5

Community:451 - Downtown

Asking Price

$298,800

Frontage

55.5 ft.

Lot Depth

117.53 ft.

Square Foot

3,700 ft.

Lot Area

Zoning

Commercial

45 Geneva Street, St. Catharines, L2R 4M5

Property Description

Original Remarks

This Well-Known Korean Restaurant Is Located In St. Catharines, The Fastest Growing City In The Niagara Region, Also Known As The Beautiful Garden City. It Sits On A Busy Street With High Traffic And Great Visibility. Quick Access To Downtown. The Spot Is Close To Brock University And Niagara College, Bringing In Students, Travelers, And Local Residents. The Dining Area Is Spacious, Clean, And Nicely Decorated. It Creates A Warm And Welcoming Atmosphere. The Restaurant Offers A Wide And Delicious Korean Menu, Meeting The Rising Demand For K-Food. The Quality And Variety Of The Dishes Keep Customers Coming Back. Sales Average About $47,000 Per Month. Net Income Is Strong At Around $21,000 To $22,000 Monthly. Rent Is $3,850+Hst Per Month. A Favorable Lease Runs Until 2029. The Current Owner has Successfully operated this Restaurant. The Business Has Built A Great Reputation And A Loyal Customer Base. This Is A Rare Chance To Own A Profitable And Well-Established Restaurant In A Prime Location. It Is Perfect For Experienced Operators Or First-Time Buyers. Don't Miss Out On This Excellent Opportunity.

PROPERTY HISTORY

45 Geneva Street

PROPERTY DETAILS

OccupancySale Of Business
Possession TypeFor Sale
Heating TypeGas Forced Air Closed
WaterMunicipal
SewersSanitary+Storm
Retail Area3,700 ft
Ownership Type
Basement
Garage Type
Elevator
Community451 - Downtown
Hours Open
CategoryWithout Property
LLBO
Days Open
Business / BuildingBuilding
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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