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:47423)
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Detailed Information
Lot
78 x 270 ft
Amenities Nearby
Public Transit
Community Features
High Traffic Area
Features
Visual exposure
Listing Contract Date
2024-08-29
Location Description
Ontario St. at the south end of King St.
Ownership Type
Freehold
Property Type
Hospitality
Transaction Type
For sale
Zoning Description
C5-92
Building
Basement Type
Partial
Exterior Finish
Brick, Stone
Foundation Type
Stone
Stories Total
2
Size (Exterior)
8747
Utility Water
Municipal water
Land
Total Size
0.5 acres
Access Type
Highway access
Amenities
Public Transit
Sewer
Municipal sewage system
Size of Irregular Land
0.5
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