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$2,750,000
Est. payment /mo
9,028 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,028 sqft
Price per Sqft $304
Subdivision 223 - Chippawa
MLS Listing ID X12440908
Annual Tax Amount $16,913
Tax Year 2025
Property Sub-Type Commercial Retail
Lot Depth 130.84
Lot Front 67.9
Property 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).
Location
Province ON
County Niagara
Community 223 - Chippawa
Area Niagara
Zoning GC
Interior
Cooling Yes
Exterior
Community Features Greenbelt/Conservation, Public Transit
Utilities Available Yes
Lot Frontage 67.9
Lot Depth 130.84
Others
Security Features No
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Listed by COLLIERS INTERNATIONAL NIAGARA LTD.
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