$1,250,000
190 MAIN ST E Port Colborne, ON L3K 1S6
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$1,250,000
Est. payment /mo
3,995 SqFt
Active
190 MAIN ST E Port Colborne, ON L3K 1S6
UPDATED:
10/29/2024 06:40 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,995 sqft
Price per Sqft $312
MLS Listing ID X9412264
Annual Tax Amount $16,462
Tax Year 2024
Lot Size 0.500 Acres
Property Description
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.
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.
Location
Province ON
County Niagara
Zoning HC
Rooms
Basement Crawl Space
Kitchen 0
Interior
Cooling Unknown
Inclusions Contact LA for full list
Exterior
Pool None
Utilities Available Unknown
Roof Type Unknown
Parking Type Unknown
Building
Lot Description Irregular Lot
Others
Security Features Unknown
Listed by SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE
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