3200 sqft
Fully Air Conditioned
Other
$1,268,800
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:35544)
Property Details
MLS® Number
|
X12096970 |
Property Type
|
Retail |
Community Name
|
215 - Hospital |
AmenitiesNearBy
|
Public Transit |
ParkingSpaceTotal
|
12 |
Building
CoolingType
|
Fully Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Other |
SizeExterior
|
3200 Sqft |
SizeInterior
|
3200 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Public Transit |
SizeDepth
|
198 Ft ,5 In |
SizeFrontage
|
54 Ft ,1 In |
SizeIrregular
|
Bldg=54.13 X 198.49 Ft ; 48.12 Ft X 198.74 Ft X 54.13 X 198.49 |
SizeTotalText
|
Bldg=54.13 X 198.49 Ft ; 48.12 Ft X 198.74 Ft X 54.13 X 198.49 |
ZoningDescription
|
Gc, R1e |