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)
Cross Streets: Bridge Water Street. ** Directions: NE Corner Cummington Sq E & Bridgewater Street.
Annual Property Taxes
$16,913.64 (CAD)
Time on REALTOR.ca
74 days
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