Pen Centre
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221 Glendale Avenue

461 - Glendale/Glenridge / St. Catharines, ON L2T 2K9

ActiveFor Sale
0 Beds
0 Baths
1,137 Sq Ft
Commercial

About This Property

Turnkey bubble tea franchise resale in Niagara's premier regional shopping centre. Located in the Pen Centre, Niagara's largest enclosed mall (1.1M+ sq. ft., 180+ stores, daily exposure to a high-volume family and student trade area). This 1,137 sq. ft. inline food service unit is an established, fully built-out location with all equipment, fixtures, leasehold improvements and signage in place - simply step in and operate.The brand is a world-leading international bubble tea concept with 2,500+ locations across 53 countries, backed by strong corporate support, national marketing, proprietary supply chain and ongoing new-product development. Compared with opening a brand-new location (where total investment typically runs $480,000-$680,000 all-in), this resale offers an established trade, trained staff and immediate cash flow at a fraction of the build-out cost.Lease runs to March 2034 with additional renewal options; franchise agreement has two further renewal terms. Ideal for an owner-operator or an existing multi-unit operator looking to add a profitable, high-visibility unit in one of the Niagara Region's strongest retail nodes. Showing by appointment only - please do not approach staff or walk in directly. Buyer covers franchise/lease transfer fee.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,137 sq ft
Bedrooms0
Bathrooms0
Taxes (2026)$33,628
Postal CodeL2T 2K9
Last UpdatedOct 28, 2026 · 3:20 p.m.

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Features & Amenities

  • Air Conditioning

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Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X13809312

Listed by BAY STREET GROUP INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$199,998

asking price

MLS®X13809312
TypeCommercial
CitySt. Catharines
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$977

/month · $159,998 mortgage

Down Payment20% — $40,000
Interest Rate5.5%

Amortization

Total Interest

$132,986

Total Cost

$292,984

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

BAY STREET GROUP INC.