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$ 619,000
Est. payment /mo
Active
256 EAST MAIN STREET Welland (welland Downtown), ON L3B3W9
2,303 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,303 sqft
Price per Sqft $268
Subdivision 768 - Welland Downtown
MLS® Listing ID X12268015
Source Toronto Regional Real Estate Board
Property Description
Own a Piece of Welland's Culinary Legacy: Volcano Pizzeria Business & Property for Sale. This is a unique opportunity to acquire Volcano Pizzeria, a highly successful and beloved institution in Welland, Ontario, along with its commercial property, which includes an income-generating rental apartment. For over 40 years, Volcano Pizzeria has been a community cornerstone, renowned for its exceptional homestyle pizza and a loyal customer base.Volcano Pizzeria is more than just a business; it's a well-established legacy. With four decades of operation, it boasts a strong brand presence and a reputation for delicious pizza. The sale includes: Proven Success,Time-Tested Recipes, Diverse Menu, Established Operations and all essential kitchen equipment, fixtures, and operational assets are included, allowing for a seamless transition.A new owner can infuse fresh energy, enhance marketing, and optimize operational efficiencies to further boost this already thriving business.This offering includes the valuable commercial real estate where Volcano Pizzeria operates, providing long-term appreciation potential and investment security. Key property highlights include Strategic Location, Growth Potential, Investment Security and an Income-Generating Rental Apartment. Adding significant value, the upper level of the property features a 3-bedroom, 1-bathroom rental apartment with a patio and an existing tenant. This unit provides an attractive and immediate income stream, enhancing the overall profitability of the acquisition. It also features a private deck and parking. Important Note: The neighboring property has a right-of-way on the side alley.The SELLER IS WILLING TO HOLD A FIRST MORTGAGE/VTB with a 30% deposit and O.A.C. (On Approved Credit).Do not approach business/seller directly or disrupt ongoing business. The apartment is tenanted and will not be available during preliminary/initial showings. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Listed by ROYAL LEPAGE NRC REALTY