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$399,900
Available - For Sale
Listing ID: X7348074
Incredible investment opportunity in the rapidly growing township of West Lincoln! Now is your chance to own an established property with turnkey business with over 200 5-star google reviews and plenty of returning customers. Located on a major road with ample exposure. This fully operational restaurant known as The Flat Top Grill is centrally located in Niagara just minutes from the town of Smithville with a population expected to triple to approx. 22,000 over the next 30 years. The commercial (C3) zoning allows many permitted uses including but not limited to: a retail store, financial institution, hotel, office, funeral home, garden centre, pet care establishment, commercial school, restaurant, veterinary clinic, dry cleaning/laundry depot, gas bar, and more! The restaurant has invested in upgrades including a new septic system (2018), hot water heater (2023), cooler refrigeration (2021), resealed roof (2020), commercial dishwasher (2015), vinyl plank floors, and updated bathrooms.
Extras:   Financial statements available. Permitted uses in supplements. Upgrades: new septic system '18, hot water heater '23, cooler refrigeration '21, resealed roof '20, commercial dishwasher '15, vinyl plank floors, and updated bathrooms.
Price $399,900
Taxes: $5,256.49
Tax Type: Annual
Occupancy by: Owner
Address: 1554 Regional 20 Rd , West Lincoln, L0R 1Y0, Ontario
Postal Code: L0R 1Y0
Province/State: Ontario
Legal Description: PT LT 11 CON 4 GAINSBOROUGH AS lN RO5396
Lot Size: 223.09 x 82.46 (Feet)
Directions/Cross Streets: Bismark Road
Zoning: C3
Category: Highway Commercial
Use: Service Related
Building Percentage: Y
Total Area: 17,249
Total Area Code:  Sq Ft
Retail Area: 17249
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 31-50
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 5
Seats: 32
LLBO: N
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Well
Water Supply Types: Drilled Well
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.

1554 Regional 20 Rd , West Lincoln, L0R 1Y0, Ontario


 
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Type: Com - Commercial/Retail
Area: Niagara
Municipality: West Lincoln
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Lot Size: 223.09 x 82.46(Feet)
Approximate Age: 31-50
Tax: $5,256.49
Maintenance Fee: $0
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