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Renanza Realty
For sale

256 EAST MAIN STREET

Welland (Welland Downtown), Ontario

MLS® X12880692

$599,000

Status
Active
Property type
Business
MLS® number
X12880692
Bedrooms
—
Bathrooms
—
Year built
—

Listing 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.

Property summary

MLS® number
X12880692
Property type
Business
Leasable Area
2,303 sq ft
Land size
Bldg=38 x 99 FT ; Lot size irregular
Annual property taxes
$5,900.00
Parking
2 spaces
Days on market
203 days

Features & details

Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Appliances
Washer, Dryer
Lot features
Irregular lot size

What would this home cost you?

Based on the $599,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,787 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE NRC REALTY, ST. CATHARINES.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.