Overview

Property ID: 40529042
  • Commercial, Mixed
  • Property Type
  • 0
  • Bedroom

Description

Successful Restaurant and Building For Sale – Package deal $2,000,000
Location! Location! Location! Take advantage of this great investment opportunity to own a valuable piece of land, building and successful restaurant in one of the most sought-after areas in Crystal Beach. It’s a 3-minute walk to the most beautiful white sandy beach and crystal clear waters of Lake Erie. It is located on the trendy, high-traffic strip on Erie Rd in the middle of tourist town.
This popular restaurant called Casa Hugo Mexican Eatery & Tequileria has a great vibe, and a strong brand. It has been open since 2020, has a 225 seat liquor license, amazing patio with cabanas, fabulous food, tequila bar and a party facility upstairs. It has 3600 square feet inside (2 levels) and 1200 square feet outside. No franchise fees, trained staff in the front of the house and in the kitchen, operated by a general manager, and not the owner, it is ready to take to the next level. Opportunity overload! This is a Gem! … and a LOT OF FUN!
The building has over 400K in renovations (2020), new electrical, plumbing, floors, heating and air conditioning, windows, roof, siding, drywall, bathrooms, deck etc.
Refer to MLS #s for the sale of just the business and just the building

  • Address Erie
  • City Crystal Beach
  • State/county Niagara
  • Zip/Postal Code L0S 1B0

Details

Updated on January 25, 2024 at 6:24 pm
  • Property ID: 40529042
  • Price: $2,000,000
  • Bedroom: 0
  • Property Type: Commercial, Mixed
  • Property Status: Commercial Sale

Additional details

  • ITSO_NumberOfWashroomsHand: 1
  • SeatingCapacity: 225
  • PhotosCount: 44
  • ITSO_UnderContract: Alarm System
  • SecurityFeatures: Alarm System,Carbon Monoxide Detector(s),Security System
  • BuildingName: 4060-4064 Erie Rd
  • ITSO_NumberOfBachelorUnits: 0
  • CrossStreet: Erie and Elmwood
  • ITSO_CoListAgent2Designation: Salesperson
  • ITSO_SurveyType: Available
  • ListingKeyNumeric: 146316995
  • MajorChangeType: New Listing
  • MLSAreaMajor: Fort Erie
  • TaxAnnualAmount: 7673
  • ITSO_NumberOfStudioUnits: 0
  • OriginatingSystemName: Niagara
  • MlsStatus: Active
  • StreetNumber: 4060
  • ListingKey: 33ad3d8a1703cd299ae7ff32aa8e5627
  • ITSO_NumberOfEfficiencyUnits: 0
  • ITSO_StreetViewParam: 1$42.86389778$-79.06590311$63.36$13.33$1.00$VzGP_lKc1e13_RWh4fIFmA
  • Directions: Cross street is Gorham Rd and Erie Rd, just past elmwood
  • ITSO_NumberOfWashrooms: 10
  • ITSO_NumberOfOtherUnits: 0
  • Fencing: Fenced
  • InternetAddressDisplayYN: 1
  • LotSizeSource: GeoWarehouse
  • WaterSource: Municipal
  • StoriesTotal: 2
  • ITSO_SurveyYear: 2018
  • ITSO_AcresRange: < 0.5
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • InternetAutomatedValuationDisplayYN: 1
  • ITSO_NumberOfLoftUnits: 0
  • DirectionFaces: South
  • ITSO_OfferInstructions: Please see LA for Financial details for qualified buyers and showings
  • ITSO_NumberOfPenthouseUnits: 0
  • ConstructionMaterials: Vinyl Siding
  • InternetConsumerCommentYN: 1
  • BuildingAreaTotal: 3600
  • CoListAgentDesignation: Salesperson
  • ITSO_KitchensTotal: 0
  • ITSO_CoListAgent3Designation: Salesperson
  • ITSO_CommercialDoorsCount: 0
  • MajorChangeTimestamp: 2024-01-13T21:32:40.413Z
  • ITSO_NumberOfApartmentUnits: 0
  • ITSO_TransactionType: Sale
  • ListingContractDate: 2024-01-13
  • MLSAreaMinor: 337 - Crystal Beach
  • FarmLandAreaUnits: Square Feet
  • Zoning: CMU2
  • ITSO_StatusContractualSearchDate: 2024-01-13
  • Basement: None
  • PhotosChangeTimestamp: 2024-01-13T21:34:19.691Z
  • RoadFrontageType: Public Road
  • AssociationFee2Frequency: Monthly
  • StateOrProvince: ON
  • AboveGradeFinishedAreaUnits: Square Feet
  • FrontageLength: 62.20
  • BridgeModificationTimestamp: 2024-01-16T18:47:03.258Z
  • FrontageType: North
  • ParcelNumber: 641800180
  • ITSO_LotDepth: 70
  • ITSO_CurrentPrice: 2000000
  • StreetSuffix: Road
  • LotSizeDimensions: 70 x 62.2
  • ModificationTimestamp: 2024-01-16T18:44:47.740Z
  • ITSO_CommonInterest: Freehold/None
  • BusinessName: Casa Hugo Mexican Eatery & Tequileria
  • ITSO_CeilingHeight: 8
  • Inclusions: Asset List Is Included In The Supplements
  • BelowGradeFinishedAreaUnits: Square Feet
  • LotSizeArea: 5134
  • Sewer: Sewer (Municipal)
  • ITSO_HoldoverDays: 5
  • Utilities: Electricity Connected,Fibre Optics,Garbage/Sanitary Collection,Natural Gas Connected,Recycling Pickup,Street Lights,Phone Connected
  • ITSO_UFFI: No
  • LotFeatures: Rectangular,High Traffic Area,Marina,Public Transit,Schools
  • NumberOfUnitsTotal: 0
  • FeedTypes: IDX

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