$1,400,000 FOR SALE

Business for Sale


Lot: 80 x 180 ftTotal Area: 0.33 acres
2020 Taxes: $17,300Maintenance Fees: $21,330

676 King St
Welland, ON L3B 3L1 | Niagara

Investment Or Owner User. This Well-Established Turn-Key Licensed Dining Room Restaurant Seating Approximately 100 In The Dining Room, Front Diner Seats 80 In Process Of Renovations. Extra Large, Spacious Kitchen Features 3 Walk-In Coolers, 1 Walk-In Freezer, Stainless Dishwasher, 25 Ft. Hood, Grills, Fryers - The List Goes On (All Equipment Included). Large Basement, Excellent Storage And/Or Hall.

This Property Is A 5-Minute Walk To The Welland Canal And A 3-Minute Drive To Downtown And Merritt Island. The Surrounding Land Is Being Developed For New Residential Communities To Include Townhomes, Apartments And Houses.


Listed By QUEENSWAY REAL ESTATE Brokerage INC., Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X5278409
Last Updated Dec 04, 2021
Property Summary
Property Type 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 (2020) $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-7Pm
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 180
Sprinklers Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning Commercial
Seller Property Info Statement N

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