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$ 1,500,000
Est. payment | /mo
9 Baths
16,000 SqFt
$ 1,500,000
Est. payment | /mo
9 Baths
16,000 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $93
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X10416259
Building Age 51-99
Annual Tax Amount $18,725
Tax Year 2023
Property Sub-Type Sale Of Business
Property Description
The Blue Star Restaurant a rare turn-key investment opportunity in the heart of Welland! Established in 1947, this iconic, family-owned restaurant has long been a local landmark, known for its welcoming atmosphere and extensive menu spanning breakfast, lunch, dinner, and take-out/delivery options. Recently expanded, the restaurant now offers multiple revenue streams, including indoor dining, take-out, event catering, and an exciting new private event space added in 2023, which accommodates up to 80-100 guests. In addition to its recent upgrades, the washrooms have just completed a total renovation, enhancing the guest experience with modern and stylish facilities. The restaurant is equipped with a high-capacity commercial kitchen featuring top-quality appliances, including three walk-in coolers, a walk-in freezer, a 25-ft. hood, grills, fryers, convection ovens, and a stainless-steel dishwasher ensuring smooth operations across all service areas. Ample parking and a spacious basement for storage add to the efficiency and appeal of this well-prepared facility. **EXTRAS** Located on King Street, just a 5-minute walk to the Welland Canal and a 3-minute drive to downtown and Merritt Island, the property is positioned in a rapidly developing area with new residential communities, townhomes, and apartments.
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 80.13
Lot Depth 180.0
Others
Security Features Yes
Listed by IRISE
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