155A Lake St 950 SF Retail Building St Catharines, ON L2R 5Y5 $549,000 CAD ($577.89 CAD/SF)

A rare opportunity to acquire a fixtured quick service restaurant along with the underlying real estate in central St. Catharines. Ideal for restauranteurs, franchise operators, and hospitality groups looking to own their location and be their own landlord—building equity instead of paying rent. The property is located in the Shipman neighbourhood, with convenient access to Highway 406 and the QEW, making it well positioned for a wide range of restaurant, takeout, or delivery-focused concepts. The business is currently operating as Lake Street Subs & Creamery and is available with training, or the buyer may rebrand and convert the space to their own concept, cuisine, or franchise. This corner property features approximately 950 sq ft of interior space and includes a private rear parking lot with five spaces, along with ample street parking on both surrounding streets. The restaurant is fully licensed and equipped with existing leaseholds, kitchen equipment, and an 8-foot commercial exhaust hood, offering a turnkey setup for immediate operation. Excellent signage opportunities are available on both street frontages. Please do not go direct. The property represents a valuable piece of land in a character-rich area of central St. Catharines, just a 5–10 minute walk to the city core. Its corner location at the intersection of a main road and a residential street provides strong visibility, exposure, and branding opportunities, enhanced by additional signage options such as sandwich boards and flags. A private parking area at the rear of the building is available for customer use, complemented by generous street parking nearby. Previously operated as a traditional QSR, the space currently functions as a sandwich and ice cream shop. The full commercial hood, which is not fully utilized at present, allows for flexibility and the installation of a wide range of kitchen equipment to support expanded food service operations.