190 MAIN Street E, PORT COLBORNE

2024-07-25
 

Quick Summary

Location
190 MAIN Street E, PORT COLBORNE, Ontario L3K1S6
Price
$1,250,000 CAD
Status:
For Sale
Property Type:
Vacant Land

MLS®#40621909

Property 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:32467)

Property Features

Building

  • Basement Type: None
  • Fireplace: No
  • Utility Water: Municipal water

Features

  • Feature: Corner Site

Land

  • Land Size: 1/2 - 1.99 acres
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: HC

Information entered by SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE
Listing information last updated on: 2024-10-09 20:23:58


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