77 Ontario Street St. Catharines, Ontario L2R 5J5
$2,999,999
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. (id:47351)
Property Details
| MLS® Number | 40639639 |
| Property Type | Hospitality |
| AmenitiesNearBy | Public Transit |
| CommunityFeatures | High Traffic Area |
| Features | Visual Exposure |
Building
| BasementType | Partial |
| ExteriorFinish | Brick, Stone |
| FoundationType | Stone |
| StoriesTotal | 2 |
| SizeExterior | 8747.0000 |
| SizeInterior | 8747 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 270 Ft |
| SizeFrontage | 78 Ft |
| SizeIrregular | 0.5 |
| SizeTotal | 0.5 Ac|1/2 - 1.99 Acres |
| SizeTotalText | 0.5 Ac|1/2 - 1.99 Acres |
| ZoningDescription | C5-92 |
https://www.realtor.ca/real-estate/27346757/77-ontario-street-st-catharines
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August 30 2024 11:52:39
Niagara Association of REALTORS®
Cosmopolitan Realty