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$ 1,250,000
Est. payment /mo
Active
190 MAIN ST E Port Colborne, ON L3K 1S6
3,995 SqFt
UPDATED:
02/04/2025 11:42 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,995 sqft
Price per Sqft $312
Subdivision 877 - Main Street
MLS Listing ID X11956512
Annual Tax Amount $16,461
Tax Year 2024
Property Sub-Type Land
Property Description
Discover a unique opportunity to acquire 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.
Location
Province ON
County Niagara
Community 877 - Main Street
Area Niagara
Rooms
Kitchen 0
Exterior
Utilities Available Yes
Lot Frontage 195.0
Lot Depth 169.0
Building
New Construction false
Listed by SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE