Size
-
Lot size
3061.62 sqm
Street frontage
N
Possession
-
Price per sqm
-
Taxes
$16,461 (2024)
Parking Type
-
Style
-
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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.
Broker: SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE
MLS®#: 40621909
Property details
Parking:
No
Parking type:
-
Property type:
-
Heating type:
-
Style:
-
MLS Size:
-
Lot front:
59.44 M
Lot depth:
51.51 M
Listed on:
Jul 23, 2024
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Instant estimate:
Not Available
Insufficient data to provide an accurate estimate
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