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$619,000
Est. payment /mo
2,303 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,303 sqft
Price per Sqft $268
Subdivision 768 - Welland Downtown
MLS Listing ID X12268015
Building Age 51-99
Annual Tax Amount $5,211
Tax Year 2024
Property Sub-Type Sale Of Business
Lot Depth 99.0
Lot Front 38.0
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).To submit an offer, please include Schedule B and the NDA (Non-Disclosure Agreement) with all submissions.Do not approach business/seller directly or disrupt ongoing business.
Location
Province ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Zoning DMC
Interior
Cooling Partial
Inclusions Pizzeria equipment as-is, appliances in apartment -Fridge, Stove, Washer and Dryer.,
Exterior
Lot Frontage 38.0
Lot Depth 99.0
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Listed by ROYAL LEPAGE NRC REALTY