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$ 4,900,000
Est. payment | /mo
12,000 SqFt
$ 4,900,000
Est. payment | /mo
12,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 12000
Square Footage 12,000 sqft
Price per Sqft $408
Subdivision 211 - Cherrywood
MLS® Listing ID X13837422
Property Description
Prime Niagara Falls Investment Opportunity! Exceptional location at 5306 Victoria Ave., within walking distance to the Falls, Clifton Hill, Casino Niagara and major tourist attractions. Excellent access to Highway 420 and the QEW.Property features 16 fully furnished and renovated hotel rooms, currently operating as short-term rentals. Approximately 6,000 sq. ft. of restaurant space with two kitchens; approximately half is currently leased, with the remaining space available for an owner-user or additional tenant.Also includes a 4-bedroom upper-level apartment and a 1-bedroom basement apartment, both tenant-occupied and with separate entrances. Ample on-site parking adds significant value in this high-demand tourist area.A versatile property offering multiple income streams and excellent potential for investors, hospitality operators and owner-users. Rare opportunity to own a substantial income-producing property in a premium Niagara Falls location. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Sanitary sewer
Listed by Wisdomax Realty LTD
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