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$ 1,250,000
Est. payment | /mo
$ 1,250,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision 873 - Bethel
MLS® Listing ID X9412060
Originating Board Niagara Association of REALTORS®
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.\r\n\r\nThis 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.\r\n\r\nThe 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.\r\n\r\nWith 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. (id:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
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Andy Katoch
Agent | License ID: LDKATOCAN