$1,500,000
Available - For Sale
Listing ID: X10416259
676 King Street , Welland, L3B 3L1, Niagara
| 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: | Owner |
| Address: | 676 King Street , Welland, L3B 3L1, Niagara |
| Postal Code: | L3B 3L1 |
| Province/State: | Niagara |
| Lot Size: | 80.13 x 180.00 (Feet) |
| Directions/Cross Streets: | King St & Ontario |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | With Property |
| Use: | Restaurant |
| Building Percentage: | T |
| Total Area: | 16000.00 |
| Total Area Code: | Square Feet |
| Retail Area: | 8000 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Business/Building Name: | The Blue Star Restaurant |
| Financial Statement: | T |
| Chattels: | F |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 62 hrs/ |
| Employees #: | 30 |
| Seats: | 180 |
| LLBO: | Y |
| Sprinklers: | Yes |
| Washrooms: | 9 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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Ali Shahpazir
Sales Representative
Dir:
416-473-8225
Bus:
416-473-8225
| Book Showing | Email a Friend |
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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 |
| Fireplace: | N |
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