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547 Ontario St 4,100 SF of Retail Space Available in St Catharines, ON L2N 4N4
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,100 SF | 3-10 Years | $19.02 CAD/SF/YR $1.59 CAD/SF/MO $77,982 CAD/YR $6,499 CAD/MO | Double Net |
1st Floor
Turnkey Restaurant & Pub Opportunity in the heart of North End St. Catharines, offered at $6,500/month + TMI. Located on busy Ontario Street, one of the city's main arterial routes with exceptional daily traffic exposure, this well-established and highly profitable business has built a loyal customer base over 50 successful years in operation. A favourite destination for families, sports teams, live music, and special events, the restaurant continues to grow year over year with strong repeat clientele and strong community presence.The freestanding building is fully equipped and licensed for 84 indoor guests, plus an additional 24-seat licensed patio. Ample on-site parking with over 40 parking spaces provides convenience for customers and staff alike. This is a true turnkey opportunity, with the lease including the use of all owned fixtures and chattels. Exceptional opportunity to take over a thriving business in a high-visibility location.
- Lease rate does not include certain property expenses
- Partially Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Central Air Conditioning
- Display Window
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 547 Ontario St, St Catharines, ON L2N 4N4
- Tenant
- Description
- CAN Locations
- Reach
- Monty's Gastropub
- Cocktail Bar
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Monty's Gastropub | Cocktail Bar | 1 | - |
Property Facts
| Total Space Available | 4,100 SF | Gross Leasable Area | 4,526 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Restaurant | Parking Ratio | 4.8/1,000 SF |
| Total Space Available | 4,100 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,526 SF |
| Year Built | 1980 |
| Parking Ratio | 4.8/1,000 SF |
Nearby Major Retailers
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547 Ontario St
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