$149,900
For sale: Other

Popular, absolutely distinctive restaurant & bar in core Downtown St. Catharines offering a move-in ready setup for the next creative entrepreneur! A business assets-only sale with so much to offer: updated, high quality equipment, a seasonal patio, and gorgeous leasehold improvements in a vibey space. This resto bar has operated successfully alongside hot spots like Oddbar. and sits just down the road from Market Square and Montebello Park for Grape & Wine. On offer is the perfect turn-key operation, with a main floor restaurant in place with seating for 30 indoors + 16 outdoors, 2 washrooms, a large storage/prep room and even an additional updated Food Trailer that can be negotiated. Many of the inclusions have been recently purchased or updated, providing great operations-ready value for the next owner. Worry less about obtaining a liquor license, the hard work has already been done to obtain it (transferrable with LLBO approval), and the seasonal patio is City-licensed as well. Parking included and all equipment & chattels listed in information package attached in supplements. This is an assets-only sale in a leased premises, so let your imagination create something fresh in a space that's been a proven success!
Sold data
Homes in St. Catharines (Downtown) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 44, across 404 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $569,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 404 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
St. Catharines (Downtown) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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