676 King ST Active Save Request In-Person Tour Request Virtual Tour
Welland,ON L3B 3L1
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
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