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Maria Tompson
Sales Representative
Remax Example Inc., Brokerage
Independently owned and operated.
4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968
$1,500,000
Available - For Sale
Listing ID: X10416259
676 King St , Welland, L3B 3L1, Ontario
| 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: | $18725.00 |
| 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 180.00 (Feet) |
| Directions/Cross Streets: | King St & Ontario |
| Category: | With Property |
| Use: | Restaurant |
| Building Percentage: | Y |
| Total Area: | 16000.00 |
| 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 |
| Washrooms: | 9 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 773 - Lincoln/Crowland |
| Lot Size: | 80.13 x 180.00(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $18,725 |
| Baths: | 9 |
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