Discover a unique opportunity to acquire a thriving restaurant located on a high-traffic corner lot in Port Colborne, just off the highway. This well-established turn key restaurant has been serving the community for 22 years and is ready for new ownership. This lot benefits from excellent visibility and accessibility, attracting both local residents and highway travelers. Port Colborne is undergoing rapid expansion, driven by developments like the new EV battery plant, which promises increased economic activity and population growth. The property is zoned Highway Commercial, offering flexibility for various business ventures beyond the restaurant. It's a turnkey operation with all equipment and infrastructure in place, ensuring a smooth transition for new owners if they choose to keep the restaurant there. With its established presence, strategic position, and potential for growth, this opportunity is ideal for investors looking to capitalize on the city's expanding economy. Potential to purchase the business and lease the building could be discussed. Detailed financials are available upon request. Buyer to do their own due diligence regarding permitted uses. (id:47423)
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Detailed Information
Lot
195 x 169 ft
Amenities Nearby
Schools
Community Features
High Traffic Area
Listing Contract Date
2024-07-23
Location Description
Hwy 3 to Berkley
Ownership Type
Freehold
Property Type
Hospitality
Transaction Type
For sale
Zoning Description
HC
Building
Basement Type
Crawl space
Stories Total
1
Size (Exterior)
3995
Utility Water
Municipal water
Land
Total Size
0.671 acres
Access Type
Highway access
Amenities
Schools
Sewer
Municipal sewage system
Size of Irregular Land
0.671
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