5470 Victoria Ave

For Sale
$3,080,000
5470 Victoria Ave, Niagara Falls
5470 Victoria Ave
5470 Victoria Ave
5470 Victoria Ave
5470 Victoria Ave
5470 Victoria Ave
5470 Victoria Ave
5470 Victoria Ave
Retail
CATEGORY
2,400 Sq Ft
TOTAL AREA
X6812250
MLSID
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Property Description
Great Location and Investment Opportunity In Niagara Falls. The Price Includes 13,700 Sqft of Land And Building. The Price also Includes 5480 Victoria Ave(Parking Lot). The former Famous Restaurant business And 2nd Floor(4 Bedrooms, 3 Bathrooms) And Parking Lot(17 Cars)Were Rented To One Tenant. Annual Gross Income is $120,000 Plus HST.10 Minutes Walk to Falls And Casino. Licensed 39 Guests Plus 39 Patio.Separate Entrance to 2nd Floor.
Extras
The Property is located In High Traffic and Well Maintained, Promising As An Investment Building. 200 AMPS. Three Separate Hydro Meters.
Property Details
Category
Retail
Usage
Hospitality/Food Related
Zoning
Commericial
Total Area
2,400 Sq Ft
Retail Area
2,400 Sq Ft
Lot Size
120' x 115'
Taxes
$19,163 (2023)
Parking Spaces
17
Air Conditioning
Yes
Listing contracted with Royal Lepage New Concept
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FOR SALE
Vender Take Back Up to 85% of Purchase Price. *Proposal Based*.*PROPERTY LOCATION HIGHLIGHTS*Unique Canvas Awaits Your Vision: Discover Opportunity Ware House Type PropertyA Blank Canvas Spanning 13,240 ft2 (Basement Included) of Open, Vacant Interior Space with Many 11+- Ceilings Heights.Zoned General Commercial: Craft Brewery, Condo/Apartment/Air B&Bs, Combo( Bistro/Market/Florist), Office/Legal/Architectural Offices, Artistic Haven.Epicenter of Emerging Activity:Convenient Proximity: Stroll to Adventure: Within Walking Distance, Tourism Cores, Casino, Convention, Hotels, Museums, and the Falls.Educational Hub: Knowledge Meets Creativity: The Main Street Bus Hub Seamlessly Connects Niagara College and Brock University.Anchored Adjacency: Beside Brand-New Niagara Cultural Center & Market Place. Imagine The Synergy as Creativity, Commerce, and Community Converge.It's an Opportunity Waiting to Be Transformed into Something Extraordinary!
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