Added 5 months ago
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Type: Sale Of Business
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Property Type: Commercial
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Zoning: HC
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Age: No Data
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Taxes: 16462
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MLS®#: X9412264
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Days on Site: 117 Days
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Added: Jul 22, 2024 (5 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE
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.
Property
Status: Sale
Property Type: Sale Of Business
Property Type: With Property
Area: Port Colborne
Availability Date: Flexible
Assessment Amount: $367,000
Assessment Year: 2024
Building
Basement: Y
Water Supply: Municipal
Fees
Tax Year: 2024
Tax Legal Description: PT LT 25 CON 2 HUMBERSTONE AS IN RO447249 ; PORT COLBORNE
Taxes: $16,462
Land
Cross Street: Hwy 3 to Berkley
Municipality District: Port Colborne
Parcel Number: 641500180
Sewer: Sewers
Lot Depth: 169 Acres
Lot Frontage: 195 Acres
Zoning: HC
Commercial Specific
Total Area: 3995
Total Area Metric: Sq Ft
ÉÉC Saint-Joseph
Elementary: CatholicOakwood Public School
Elementary: PublicSt Therese Catholic Elementary School
Elementary: CatholicDeWitt Carter Public School
Elementary: PublicSt John Bosco Catholic Elementary School
Elementary: CatholicMcKay Public School
Elementary: PublicÉcole secondaire Confédération
Secondary: PublicEastdale Secondary School
Secondary: PublicPort Colborne High School
Secondary: PublicCentennial Secondary School
Secondary: PublicLakeshore Catholic High School
Secondary: CatholicNotre Dame College School
Secondary: Catholic
