155A Lake Street

St. Catharines, ON

1 bath • 950 sqft • Sale Of Business • 283 days on market

$549,000

Quick Service Restaurant (QSR) with Property available in St. Catharines ON! Very unique opportunity for restaurateurs, franchises, and operators to obtain a fixtured restaurant and be their own landlord. Pay off a mortgage instead of rent.Located in central St. Catharines in the Shipman neighbourhood and close to Highway 406 and the QEW, this is a great location for all kinds of restaurant and take-out businesses. Currently operating as Lake Street Subs & Creamery and available with training, or you convert this into your own concept, cuisine, or franchise.Corner location with a 950 Sq Ft interior and private parking lot for 5 cars. Full lease equipment and leaseholds with an 8-foot commercial hood in the kitchen. Tons of signage and fully licensed for restaurant use. Please do not go direct.

Listing Details

Listed: November 10, 2025

Price History

Listing history

Property

Lot Size: 38.7 x 90.03 Feet

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: Lake & Dufferin St
Zoning: Business Commercial
Possession: Flexible

Commercial

Business Type: Fast Food/Takeout
Occupancy: Tenant

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: 1,611
Median days on market: 26
Sale-to-list price: 96.6%

Based on 1,611 recorded sales of commercial properties in St. Catharines over the last 12 months.

Listed by

ROYAL LEPAGE SIGNATURE REALTY