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Home ON St. Catharines - Niagara Niagara Region Niagara Falls Chippawa - Rural
8163 CUMMINGTON SQUARE E
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8163 CUMMINGTON SQUARE E $2,750,000
$2,750,000
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8163 CUMMINGTON SQUARE E
Niagara Falls (Chippawa), Ontario L2G6W1

MLS® Number: X12440908

Listing Description

TURN KEY Restaurant & Bar FOR SALE in the Village of Chippawa, Niagara Falls. Featuring the Riverside Tavern & Grill, a 9,028 sq. ft. restaurant & bar with takeout area that seats 196 inside & 53 on the outdoor patio, with 11 second floor single rooms. Continue to operate as the Riverside Tavern & Grill or change name to suit. NO financials or environmental reports available. Property is as-is where-is, with $1.5M in renovations in 2019, including a new roof, four brand new HVAC units, new upgraded electrical service, two 9 ft. stainless steel hood vents and make-up air unit in kitchen, Berg Laser liquor control system (approx. $1M in Capital improvements and $500k in restaurant equipment & chattels). Fully gutted and rebuilt. Basement is dry and clean offering dry storage, a walk-in refrigerator, and walk-in freezer. Second floor offers 11 single rooms to rent, all new and vacant with double beds, a common kitchen area, and separate common Men's and Women's washrooms. Enjoy the amazing waterfront view of the Welland River from the large covered patio or relax on the outdoor patio to listen to live music from your band shelter. Sale includes bar name, liquor license transfer, kitchen equipment, hoods, pizza oven, tables, chairs, tv, beds, furnishings - all chattels. No share sale. City parking only (8 - 10 spaces nearby). (41384031)

Location Description

Cross Streets: Bridge Water Street. ** Directions: NE Corner Cummington Sq E & Bridgewater Street.

Property Summary

Property Type
Retail
Community Name
223 - Chippawa
Land Size
0.228 ac
Annual Property Taxes
$16,913.64
Time on REALTOR.ca
74 days

Building

Building Features
Features
Irregular lot size, Conservation/green belt
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
9028 sqft
Exterior Building Size
9028 sqft

Land

Lot Features
Frontage
67 ft ,10 in
Land Depth
130 ft ,10 in
Other Property Information
Zoning Description
GC
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Ralph Roselli