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. (38051981)
Annual Property Taxes
$18,725 (CAD)
Time on REALTOR.ca
39 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. The Canadian Real Estate Association does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.