256 East Main Street, Welland (Welland Downtown) - Business for Sale
256 East Main Street, Welland (Welland Downtown), Ontario, L3B3W9
This business in Welland is for sale offering roughly 2,303 sq ft of space.
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 neighbouring property has a right-of-way on the side alley.Do not approach business/seller directly or disrupt ongoing business. The apartment is tenanted and will not be available during preliminary/initial showings. Building and business is being sold 'as-is'.Important Note: The neighbouring property has a right-of-way on the side alley. (id:66096)
Property Details
- MLS®
- X12880692
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- DMC
- Parking
- 2
- Interior Size
- 2,303 ft²
- Frontage
- 38 ft
- Building Area
- 2,303 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Property Tax
- $5,900/yr
- Listed
- 236 days ago
Features
- Appliances
- Washer, Dryer
- Lot Features
- Irregular lot size
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 236 days on market, against an average age of 88 days across the listings currently for sale in this city
This business in Welland (Welland Downtown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3B)
This home lists at $599,000, about 9.0× the local median household income of $66,500.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.
- Median household income
- $66,500
- Population
- 25,869
- Median age
- 43.2
- Owner / renter
- 66% / 35%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA L3B)
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$599,000
Welland