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$1,500,000
Available - For Sale
Listing ID: X10416259
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.
Price $1,500,000
Taxes: $18,725
Tax Type: Annual
Occupancy by: Owner
Address: 676 King St , Welland, L3B 3L1, Ontario
Postal Code: L3B 3L1
Province/State: Ontario
Lot Size: 80.13 x 180 (Feet)
Directions/Cross Streets: King St & Ontario
Zoning: CC2
Category: With Property
Use: Restaurant
Building Percentage: Y
Total Area: 16,000
Total Area Code:  Sq Ft
Retail Area: 8000
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Business/Building Name: The Blue Star Restaurant
Financial Statement: Y
Chattels: N
Franchise: N
Days Open: 6
Hours Open: 62 hrs/
Employees #: 30
Seats: 180
LLBO: Y
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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IRISE

676 King St , Welland, L3B 3L1, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style:
Lot Size: 80.13 x 180.00(Feet)
Approximate Age: 51-99
Tax: $18,725
Maintenance Fee: $0
Beds:
Baths: 9
Garage: 0
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