190 Main Street E Port Colborne, Ontario L3K 1S6
$1,250,000
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:52603)
Property Details
| MLS® Number | 40621909 |
| Property Type | Vacant Land |
| Community Features | High Traffic Area |
| Features | Corner Site |
Building
| Basement Type | None |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 169 Ft |
| Size Frontage | 195 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | Hc |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/27208261/190-main-street-e-port-colborne
14 Queen Street Box 1570
Notl, Ontario L0S 1J0
(905) 468-0001
(905) 468-7653
www.sothebysrealty.ca
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July 24 2024 02:31:35
Niagara Association of REALTORS®
Sotheby's International Realty, Brokerage