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Port Colborne,ON L3K 1S6
Key Details
Property Type Commercial
Sub Type Hospitality,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,995 sqft
Price per Sqft $312
MLS Listing ID 40621571
Annual Tax Amount $16,462
Lot Size 0.671 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.
Location
Province ON
County Niagara
Area Port Colborne/Wainfleet
Zoning HC
Rooms
Kitchen 0
Exterior
Waterfront No
Building
Lot Description Irregular Lot,Ample Parking,City Lot,High Traffic Area,Highway Access,Schools
Story 1
Sewer Sewer (Municipal)
Water Municipal
New Construction No