676 King Street, Welland, ON L3B 3L1 (King St & Ontario)

Price : $1,500,000.00 , MLS®# : X10416259

PUVANESWARANATHAN
Description

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.

Location Description

King St & Ontario

Property Details
  • Community: 773 - Lincoln/Crowland
  • Property Type: Owner/Commercial
  • Bath: 9
  • Garages: None
  • Annual Property Taxes : $ 18725
Building Features
  • Parking Type : None
Features
  • Heating : Gas Forced Air Open

Listing Contracted With: IRISE