292 E Main Street Welland, Ontario L3B 3W9
$719,900
Opportunity is knocking. Fantastic busy,corner intersection, location in the city undergoing accelerated growth. Located between HWY 406 and HWY 58, 1 KM from either. Known locally as CHEERS for the past 40 years, 27 under the current ownership, continue the tradition with full training, recipes, equipment, furnishings and support. Or bring your business dream to life at this fantastic, highly visible, building and location. A little imagination could turn the upstairs office and storage into living quarters. Or with a little sweat equity you can convert the building back to a residential property. The LCBO license allows for 74 indoors and an additional 24 on the outdoor patio. The DMC zoning allows for many uses for the property. Being located in the downtown Welland catchment, makes this property eligible for some downtown funding for upgrades. There is potential for a VTB financing to those that qualify. Financials, details and property tours are available - morning and weekend showings are preferred. This money making turn-key restaurant is ready to go. Owner willing to train. Owner may consider selling building only - and there is potential for Vendor Take Back financing to those that qualify. DO NOT GO DIRECT - DO NOT SPEAK TO STAFF - ALL INQUIRIES TO BE DIRECTED TO THE LISTING BROKERAGE. (id:50617)
Business
| Name | CHEERS RESTAURANT |
Property Details
| MLS® Number | 40376042 |
| Property Type | Other |
| Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Shopping |
| Community Features | High Traffic Area |
| Equipment Type | None |
| Features | Southern Exposure, Corner Site |
| Rental Equipment Type | None |
| Sign Type | Signband |
Building
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1938 |
| Cooling Type | Central Air Conditioning |
| Fire Protection | Smoke Detectors, Alarm System, Security System |
| Flooring Type | Carpeted, Ceramic, Laminate |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Exterior | 2097.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 99 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Dmc |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25270316/292-e-main-street-welland
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September 29 2023 01:33:05
Niagara Association of REALTORS®
Peak Performers Realty Inc.brokerage
