$674,900 FOR SALE

Commercial/Retail

Lot: 40 x 99 ft

292 E Main Street
Welland, ON L3B 3W9

Several oppotunities here. 1, Prime corner location located on busy East Main St. DMC zoning allows for dozens of uses including redevelopment of lot/building use. See details in attached documents. 2. Area location qualifies for downtown CIP (Community Improvement Plan) that assists property owners with building upgrades. See details in attached documents. And last but definitely not least… 3. Owner will sell business with building. Continue operating this icon in the Niagara restaurant world. A dining/community staple for over 40 years (29 with the current owner), CHEERS Restaurant and all its award winning achievements is being sold as aa package - land, building, business. Recipes, equipment, fixtures are all included. The LCBO license allows for 75 indoors and an additional 24 on the pati. All equipment, chattels and systems have been well maintained. This money making, turn-key restaurant is ready to go. Owner willing to train. Owner may consider a Vender Take Back financing option to those that qualify. Financials, details and property tours are available - morning and weekend showings preferred. DO NOT GO DIRECT - DO NOT SPEAK TO STAFF - ALL IQUIRIES TO BE DIRECTED TO LISTING BROKERAGE. (id:47423)

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Listed By PEAK PERFORMERS REALTY INC.Brokerage
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number 40543986
Last Updated Apr 10, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Subdivision 768 - Welland Downtown
Price History
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Detailed Information
Lot 40 x 99 ft
Amenities Nearby Park, Place of Worship, Playground, Public Transit, Shopping
Community Features High Traffic Area
Features Southern exposure, Corner Site
Listing Contract Date 2024-02-21
Location Description EAST MAIN STREET - CORNER OF ROSS STREET
Ownership Type Freehold
Property Type Retail
Signage Signband
Transaction Type For sale
Zoning Description DMC
Business
Name CHEERS RESTAURANT
Building
Basement Type Full
Constructed Date 1938
Fire Protection Alarm system, Security system
Stories Total 2
Size (Exterior) 2097
Utility Water Municipal water
Utilities
Type Description
CableAvailable
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size under 1/2 acre
Access Type Road access, Highway access
Amenities Park, Place of Worship, Playground, Public Transit, Shopping
Sewer Municipal sewage system

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