3,200 ft2
Fully Air Conditioned
Forced Air
$1,260,000
Fantastic Investment Opportunity in Prime Niagara Falls Tourist District!Rare offering of a fully leased, income-generating mixed-use property just minutes from the world-famous Falls, Casino, and vibrant tourist core. This well-maintained building features a 2,000 sq ft fully equipped Chinese restaurant with a long-term tenant paying $4,300/month + HST, and a beautifully updated residential unit upstairs leased for $2,000/month. The upper unit includes 2 bedrooms, 1 bath, a kitchen, and a loft area, ideal for long-term tenants or conversion to Airbnb for increased cash flow. Significant updates include electrical, plumbing, roof (2019), HVAC, A/C, and water heater (2021).Whether you're looking to collect solid rental income today or develop in the future, this high-traffic, high-visibility location near the heart of Niagara Falls tourism is a rare gem. (id:63476)
Property Details
|
MLS® Number |
X12572472 |
|
Property Type |
Retail |
|
Community Name |
215 - Hospital |
|
Amenities Near By |
Public Transit |
|
Parking Space Total |
12 |
Building
|
Cooling Type |
Fully Air Conditioned |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Size Exterior |
3200 Sqft |
|
Size Interior |
3,200 Ft2 |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Land Amenities |
Public Transit |
|
Size Depth |
198 Ft ,5 In |
|
Size Frontage |
54 Ft ,1 In |
|
Size Irregular |
Bldg=54.13 X 198.49 Ft ; 48.12 Ft X 198.74 Ft X 54.13 X 198.49 |
|
Size Total Text |
Bldg=54.13 X 198.49 Ft ; 48.12 Ft X 198.74 Ft X 54.13 X 198.49 |
|
Zoning Description |
Gc, R1e |