45 Geneva Street
St. Catharines, ON
- 3,700 sqft
- Sale Of Business
- 377 days on market
This Well-Known Korean Restaurant Is Located In St. Catharines, The Fastest Growing City In The Niagara Region, Also Known As The Beautiful Garden City. It Sits On A Busy Street With High Traffic And Great Visibility. Quick Access To Downtown. The Spot Is Close To Brock University And Niagara College, Bringing In Students, Travelers, And Local Residents. The Dining Area Is Spacious, Clean, And Nicely Decorated. It Creates A Warm And Welcoming Atmosphere. The Restaurant Offers A Wide And Delicious Korean Menu, Meeting The Rising Demand For K-Food. The Quality And Variety Of The Dishes Keep Customers Coming Back. Sales Average About $55,000 Per Month. Net Income Is Strong At Around $26,000 To $27,000 Monthly. Rent Is Very Affordable At $3,800 Per Month Including HST. A Favorable Lease Runs Until 2029, Giving The New Owner Peace Of Mind. The Current Owner Has Operated This Restaurant Successfully For Ten Years. The Business Has Built A Great Reputation And A Loyal Customer Base. This Is A Rare Chance To Own A Profitable And Well-Established Restaurant In A Prime Location. It Is Perfect For Experienced Operators Or First-Time Buyers. Don't Miss Out On This Excellent Opportunity.
Listing Details
- Originally Listed
- $399,000
- Listed
- August 18, 2025
Price History
Listing history
Sign in to view
Property
- Lot Size
- 55.5 x 117.53 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- GENEVA ST & CENTRE ST
- Zoning
- M1
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Restaurant
Community
Postal area L2R
- Population
- 25,558
- Private dwellings
- 13,117
- Median age
- 40.4
- Average household size
- 2.1
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in St. Catharines · last 12 months
- Median sold price
- $540,000
- Homes sold
- 1,613
- Median days on market
- 26
- Sale-to-list price
- 96.6%
Based on 1,613 recorded sales of commercial properties in St. Catharines over the last 12 months.
Listed by
CENTURY 21 NEW CONCEPT
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,700 sq ft
- Price per sq ft
- $94.32
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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