ON > St. Catharines > 451 - Downtown
St. Catharines, ON L2R 3M2,116 St Paul ST
St. Catharines, ON L2R 3M2,116 St Paul ST
St. Catharines, ON L2R 3M2,116 St Paul ST
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$149,000
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2 Baths
Active

116 St Paul ST St. Catharines, ON L2R 3M2

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Kenneth Yim

Kenneth Yim

+1(647) 496-2269

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Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision 451 - Downtown

MLS Listing ID X12610330

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

U Need A Pita is a popular Canadian franchise with multiple locations in the Niagara Region, known forits large menu featuring pitas, burgers, wraps, poutines, and more. This downtown St. Catharines location on St. Paul Street sits in the heart of the downtown core with excellent foot traffic and plenty of parking options on both sides of the street. Buyers also have the flexibility to rebrand to a different concept, cuisine, or franchise if they prefer not to continue with the current brand. The unit is equipped with a 25-ft commercial hood system, two walk-ins (1 + 1), and a full complement of equipment. There is one additional parking space at the rear of the unit for ownership. The space includes seating for 25 and has a history of solid, consistent sales. The lease is $3,250 gross including TMI, with 4 + 5 years remaining. Full training is provided pending franchisor approval, and royalties are 4.5% + 1.5%. Please do not go direct or speak to staff or ownership.

Location

Province ON

County Niagara

Area Niagara

Zoning Business Commercial

Interior

Cooling Yes

Exterior

Parking Features Outside/Surface

Community Features Public Transit, Recreation/Community Centre

Utilities Available Available

Building

Lot Description Lot

Lited by ROYAL LEPAGE SIGNATURE REALTY

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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116 St Paul ST

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