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676 King Street Image 1

$1,500,000

Nov 9, 2024Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #X10416259

676 King Street, Welland, ON L3B 3L1

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Average Price
150000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 676 King Street

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.

Home Overview

Last updated

Feb 14

Virtual tour

None

Basement information

Building size

16000

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Listed by IRISE

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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