ON > Sarnia > Sarnia
Sarnia, ON N7T 5W1,420 CHRISTINA ST N
Sarnia, ON N7T 5W1,420 CHRISTINA ST N
Sarnia, ON N7T 5W1,420 CHRISTINA ST N
Sarnia, ON N7T 5W1,420 CHRISTINA ST N
Sarnia, ON N7T 5W1,420 CHRISTINA ST N
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 595,000
Est. payment | /mo

6,700 SqFt

Save
$ 595,000
Est. payment | /mo
Save

6,700 SqFt

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 6,700 sqft

Price per Sqft $88

Subdivision Sarnia

MLS Listing ID X9416581

Annual Tax Amount $19,207

Tax Year 2023

Property Sub-Type Sale Of Business

Property Description

Rare opportunity to purchase one of Sarnia's most well known and established restaurants - Wagg's Steak & Seafood Restaurant. Established in 1990 (operating for approx. 33 years). Ranked #2 of 111 restaurants in Sarnia in 2022 by Blackburn Media. Voted Best restaurant in Sarnia in 2022 Blackburn Media. Very strong gross sales figures year to year. Very profitable restaurant. Great location with plenty of on-site free parking. The Restaurant is currently 6,700 SF, which currently allows for 90 person dining room/bar area and 90 person banquet room area. Several recent upgrades, include but not limited to: New Pos system in December 2022, all new kitchen cooking equipment in March 2022, new engineered exhaust hood system and suppression system in March 2021. Continue to operate the existing Restaurant and or bring your own concept and turn key with endless opportunities including but not limited to restaurant/bar, breakfast restaurant, lounge, fine dining, dinner. Excellent gross sales **EXTRAS** All showings scheduled through Listing Agent vie BrokerBay. Listing Agent and Seller will be onsite.

Location

Province ON

County Lambton

Community Sarnia

Area Lambton

Zoning GC2

Interior

Cooling Yes

Inclusions Sale price includes all restaurant chattels and equipment. Transferable liquor license.

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 178.41

Lot Depth 242.97

Others

Security Features No

Listed by CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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420 CHRISTINA ST N