$149,000

Commercial For Sale In Downtown St. Catharines, St. Catharines, Ontario

$149,000

Property Information:

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.

Property Features:

  • Bathrooms: 2
  • Annual Tax Amount: $0
  • Business Type: Restaurant
  • Community Features: Public Transit, Recreation/Community Centre
  • Cooling: Yes
  • Floor Space (approx): 1500 Square Feet
  • Garage Type: Outside/Surface
  • Heat Type: Gas Forced Air Closed
  • Lot Depth: 168 Feet
  • Lot Frontage: 100.12 Feet
  • Property Use: Without Property
  • Security Features: No
  • Utilities: Available
  • Water: Municipal
  • Sewer: Sanitary+Storm

Courtesy of: Royal LePage Signature Realty

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
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