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$1,500,000
Available - For Sale
Listing ID: X13079238
SELLER RETIRING - motivated opportunity with all reasonable offers encouraged and considered. Exceptional opportunity to acquire a landmark restaurant business and commercial property located in the heart of downtown Niagara Falls. Successfully operating for over 40 years, this well-established destination restaurant is recognized by locals and tourists alike for its long-standing reputation and loyal customer base. The offering includes the business, real estate, and all equipment, fixtures, furniture, and chattels required for a seamless transition. The property features approximately 7,400 sq. ft. above grade plus a full basement. The main floor restaurant offers two separate entrances, providing the flexibility to operate as two independent restaurant concepts with different cuisines or dining experiences. The second floor features a fully operational and licensed banquet facility complete with washrooms and support areas, creating additional revenue potential for private events, functions, and group dining, Ideally positioned on a high-traffic corridor near major tourist attractions, hotels, casinos, and entertainment destinations, the property benefits from exceptional year-round exposure. Ample private parking is available at both the side and rear of the building - a rare and valuable feature in the downtown core. Excellent opportunity for owner-operators, restaurateurs, or hospitality investors seeking an established operation with strong upside potential in one of Canada's premier tourism markets.
Price $1,500,000
Taxes: $15,545.1
Tax Type: Annual
Occupancy by: Owner
Address: 4880 Victoria Avenue , Niagara Falls, L2E 4C5, Niagara
Postal Code: L2E 4C5
Province/State: Niagara
Directions/Cross Streets: Victoria Ave and Crawford Pl
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 9,900
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Business/Building Name: Basell's Restaurant & tavern
Chattels: T
Franchise: F
Days Open: O
Hours Open: 8:30 am
Seats: 130
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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ROYAL LEPAGE NRC REALTY

4880 Victoria Avenue , Niagara Falls, L2E 4C5, Niagara

Personal Picture
Paulette Zander
Sales Representatives
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416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Commercial Retail
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 210 - Downtown
Style:
Lot Size: x 150.00(Feet)
Approximate Age:
Tax: $15,545.1
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908