$1,400,000 FOR SALE

Business for Sale

Restaurant

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.

Extras
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.

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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
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 180
Sprinklers Y
Utilities Y
Water Municipal
UFFI No
Lot/Bldg/Unit Code Lot
Zoning Commercial
Seller Property Info Statement N

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