
























1/263 - 300 FOURTH AVENUE, St. Catharines (Ridley), ON L2S0E6
$350,000 total
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Asset Class
Retail
Size
—
Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
89%
Excellent opportunity to acquire a dual-brand franchise business featuring Thai Express and Mr. Sub, located in the thriving west end of St. Catharines within the growing Ridley neighbourhood. Well-recognized and established franchise brands offering a diverse menu of Thai cuisine, sandwiches, and quick-service favorites, supported by proven operating systems and ongoing franchisor support. Situated in the well-established First Place Plaza, this highly visible storefront benefits from ample on-site parking and strong exposure. The plaza is surrounded by major tenants, grocery stores, shopping centres, medical offices, pharmacies, and dense residential neighbourhoods, creating consistent foot traffic and repeat clientele. The restaurant spans approximately 2,080 sq ft and is well laid out for efficient operations. Fully trained staff are in place, and training will be provided for buyers wishing to continue the current business model. A turnkey opportunity ideal for a first-time buyer, family operator, or experienced restaurateur looking to establish or grow a presence in the Niagara region. Lease and financials available upon request. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$17K
Annual cash flow
$-3K
Cash-on-cash
-2.54%
DSCR
0.86
Going-in cap
4.78%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
70,604
Households
33,078
Median income
$103,000
Median age
43.1
Daytime population
68,997
5-yr growth
7.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3 - 300 FOURTH AVENUE, St. Catharines (Ridley).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.