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• 676 King St, Welland, ON L3B 3L1

$1,400,000 ^{FOR SALE}

Business for Sale

Restaurant

Lot: 80 x 180 ftTotal Area: 0.33 acres
2021 Taxes: $17,300Maintenance Fees: $21,330

676 King St
Welland, ON L3B 3L1 | Niagara

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The Blue Star Restaurant, This Turn-Key Opportunity Is Not To Be Missed. Located In A Prime Location, The Restaurant Offers Multiple Streams Of Income, Including Take-Out, Event Catering, Indoor Dining, And An Exciting New Hall/Private Event Space That Can Seat 80-100 Guests. The Commercial Kitchen Is Equipped With 3 Walk-In Coolers, 1 Walk-In Freezer, A Stainless-Steel Dishwasher, A 25 Ft. Hood, Grills, Fryers, Convection Ovens, And More. Lastly, Ample Parking And Additional Storage Space In The Large Basement.

Extras

Conveniently Located At The Intersection Between King St. And Ontario St With New Developments Under Construction. This Property Is A 5-Minute Walk To The Welland Canal And A 3-Minute Drive To Downtown And Merritt Island.

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Listed By	SOTHEBY'S INTERNATIONAL REALTY CANADA, Brokerage
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X5278409
Last Updated	Dec 19, 2023

Property Summary

Property Type	Business For Sale More like this: Welland Business For Sale
Use	Restaurant
Franchise	Non-Franchise
Business/Building Name	The Blue Star Restaurant
Category	With Property
Legal Description	Pt Lt 25 Con 6 Crowland As In Ro682657
Occupancy	Owner
Possession Date	Immed
Taxes (2021)	$17,300
Tax Type	Annual
Maintenance Fees	$21,330
Directions/Cross Streets	King St And Ontario Rd
Area	Niagara

Price History

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Detailed Information

Freestanding	Y
Lot	80 x 180 ft
Lot Irregularities	Rectangle
Retail Area	8,000 ft2
Total Area	0.33 acres
Approximate Age	51-99
Elevator	None
Air Conditioning	Y
Basement	Y
Chattels	Y
Garage Type	None
Parking Spaces	10
Days Open	5
Hours Open	9Am-9Pm
LLBO	Y
Employees	49
Heat Type	Gas Forced Air Open
Financial Statement	Y
Insurance Expense	$10,945
Other Expenses	$60,724
Year Expenses	$2,020
Expenses Actual/Estimated	Act
Seats	100
Sprinklers	Y
Utilities	Y
Water	Municipal
UFFI	No
Lot/Bldg/Unit Code	Lot
Zoning	Commercial
Seller Property Info Statement	N

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