$1,250,000
 $6,710 forsale estimated payment Sourced by Back At You

190 Main Street E , Port Colborne, ON L3K1S6

Port Colborne, ON L3K1S6

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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. (id:13843)

Details

Mls40621909
Listing TypeFor Sale
StatusActive
Days On Site138
Listing Provided BySOTHEBY'S INTERNATIONAL REALTY, BROKERAGE | MICHELLE CHAPPELL

Features

ZoningHC
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Listings Checked: 5 minutes ago
StateON
CityPort Colborne
Zip CodeL3K1S6
Community Name873 Bethel
Listing VS Median (in 873 Bethel)
Price:
$1,250,000
low | high
Med:
$824,900
84.008% of Average
On Site:
138
low | high
Med:
152.500000
90.491803278689% of Average
Sourced by Back At You
Listing Updated: October 9, 2024 at 1:16:56 PM PDT