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$ 1,250,000
Est. payment /mo
Active
190 MAIN ST E Port Colborne, ON L3K 1S6
0.5 Acres Lot
UPDATED:
11/07/2024 06:28 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9412060
Annual Tax Amount $16,461
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
State ON
County Niagara
Zoning HC
Rooms
Kitchen 0
Interior
Cooling Unknown
Inclusions Contact LA
Exterior
Pool None
Utilities Available Unknown
Roof Type Unknown
Parking Type Unknown
Others
Security Features Unknown
Listed by SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE