MUST SELL- RETIRING - Any reasonable offer will be reviewed. 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.
| MLS # | X13079238 |
|---|---|
| Listing Type | For Sale |
| Building Name | Basell's Restaurant & tavern |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 118 |
| Listing Provided By | ROYAL LEPAGE NRC REALTY | X13079238 292602 |
| SQ Feet | 9,900 |
|---|---|
| Acreage | 0.23 |
| Cooling | Yes |
|---|
| Community Features | Major Highway, Public Transit |
|---|---|
| Security Features | No |
| Utilities | Yes |
|---|
| Tax Annual Amount | 15545.1 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Niagara |
| City | Niagara Falls |
| Postal Code | L2E 4C5 |
| Area | 210 Downtown |
| Listing VS Median (in L2E 4C5) | |
Price: $1,500,000 low | high Med: $1,500,000 sqft: 9,900 low | high Med: 9,900 $ / sqft: $152 low | high Med: $152 On site: 118 low | high Med: 118 | |
| Province | ON |
|---|---|
| Region | Niagara |
| City | Niagara Falls |
| Postal Code | L2E 4C5 |
| Area | 210 Downtown |
| Listing VS Median (in L2E 4C5) | |
Price: $1,500,000 low | high Med: $1,500,000 sqft: 9,900 low | high Med: 9,900 $ / sqft: $152 low | high Med: $152 On site: 118 low | high Med: 118 | |