$1,500,000
Available - For Sale
Listing ID: X13079238
4880 Victoria Avenue , Niagara Falls, L2E 4C5, Niagara
| 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: | $15545.10 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Multi-Use |
| Use: | Hospitality/Food Related |
| Building Percentage: | T |
| Total Area: | 9900.00 |
| 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 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE NRC REALTY |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 210 - Downtown |
| Tax: | $15,545.1 |
| Fireplace: | N |
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